Login to Digital Content
User:
Pass:
 
Last News
  • 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
  • Linares may attract an assembly plant: Sedec
  • Pemex announces investment in refineries for US$1.4 billion
  • The Aerospace Industry is starting to grow in Jalisco
  • The Ministry of Energy presents Round One to companies
  • Cleantech Challenge Mexico 2014
  • Aerospace clusters mitigate economic turbulence
  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • 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 country’s 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