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  • The Tecma Group of Companies’ entities gain certification for Mexican VAT tax exemption
  • Alfa will invest US$700 million in Altamira electric plant in 2015
  • Eosol Energy will increase investments
  • Mexico manufactures 85% of pieces for the aerospace sector
  • Rassini grows capacity by 40% at their Puebla plant
  • Condumex plant inaugurated in Guanajuato
  • Aeronautics lab inaugurated in Queretaro
  • GM buys US$14 billion from suppliers established in Mexico
  • Astronaut Hernandez suggests more aerospace investment in Mexico
  • Building three hydroelectric plants, among CFE’s plans
  • Prologis in analyzing new investments
  • The Governor of Jalisco is going to Asia for more investments
  • Aerospace will open an MRO workshop in Chihuahua City
  • Exports increased by up to 300% in Queretaro Intercontinental Airport
  • DHL Express expands Hub in Queretaro with US$14.5 million
  • Automotive sector provides impulse to 3M
  • The Governor of Queretaro heads the Mexican Manufacturing Association Meeting
  • Queretaro opens to Chinese investment
  • Investment will grow in the electric sector
  • Oil companies from Houston want to establish in Monterrey
  • Mexico is eighth automotive producer

    Mexico, Mexico.- In 2011 Mexico ranked eighth in the world among vehicles producers, leaving Spain and Canada behind, according to the International Organization of Motor Vehicles Manufacturers (also known as OICA, its French Acronym). In a few years, Mexico joined the top 10 vehicles manufacturers, climbing from 11th in 1007 to 9th last year and reach 8th now, according to OICA. Not only that, among the Top 10, Mexico posted the largest increase in production last year. Total vehicles production in the world reached 80.1 million units; 3% over 2010; of which Mexico manufactured 2 million 680 thousand, 338,000 units more than in 2010, for a 14.4% increase.
    Source: El Economista | Date: 27/03/2012