Login to Digital Content
User:
Pass:
 
Last News
  • 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
  • Auto parts manufacturers will establish at Bajio Region to supply Mazda and Honda

    Mexico City.- Auto parts manufacturers soon to establish in Bajio Region in central Mexico will increase annual manufactures by the sector from US$65 billion to US$80 billion by the end of 2014. Most of these companies are based in Japan and will start establishing this year in Mexico to supply Honda and Mazda in Guanajuato and Nissan Mexicana in Aguascalientes. Oscar Albin, President of the Mexican Auto Parts Industry Association, INA, said that this is expected to generate 15,000 new jobs in the sector within 12 to 18 months. As far as expectations for auto parts industry in 2012 is concerned, Mr. Albin said that growth is expected to be 8% over the US$65 thousand produced in 2011. However, this growth will follow the behavior of the US market throughout the year, since 80% of vehicles components produced in Mexico have the USA as destination.
    Source: Vanguardia | Date: 13/06/2012