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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
  • México exports more automobiles to the EU

    Mexico City— Mexico is the only country in America that exports vehicles to Europe and is among the top 5 for growth in such market, according to figures from the European Automobile Manufacturers Association. In 2011, autos from Latvia, Estonia, Lithuania, Iceland and Mexico posted the largest growth in sales in the European market, in that order. Last year, Mexico posted 23.9% increase in sales volume in Europe, selling 220,788 units; Latvia grew 77.8%; Estonia 73.5%; Lithuania 65.9% and Iceland 62.2%. The assemblers that export from Mexico to Europe are Chrysler, Nissan and Volkswagen, with a share of total exports equal to 23.4%; 9.5% and 67.1% respectively. The United States and Canada do not export vehicles to Europe.
    Source: Miscellaneous | Date: 23/04/2012