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Last News
  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benzís crosshairs
  • France fosters aerospace sector
  • Edomex ranks 3rd in automotive industry in Mexico
  • FedEx inaugurates new logistics center
  • Herdez invests US$42.4 million in sustainable plant
  • Production and exports by automotive industry grow over 5%
  • New maquiladora opened in Matamoros
  • Interest in Utah for investing in Mexico
  • Estapack S.A.P.I. de C.V.
  • Cars for exports led the Mexican market in 2011

    Mexico City.- Automobiles and auto parts exports in 2011 reached a record 18% share of the market in Mexico in 2011, the highest figure ever reported by the Ministry of the Economy. 2011 was the year when sales abroad of automobiles, auto parts and other motor vehicles went back to dominate exports, reaching 18% of total exports, a new record. Bruno Ferrari, Minister of the Economy, explained that the automotive sector is experiencing a boom thanks to the countryís structural conditions, such as geographical position, commercial advantages from agreements and tariffs cut-downs, as well as deregulation processes. He further said that in addition to the investments already made this year, confirmation of announcements made of two to four large projects in the sector are expected within a few months.
    Source: Reforma | Date: 24/04/2012