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  • 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- Benz’s 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.
  • Argentina suspends free automotive trade with Mexico

    Mexico City — Argentina’s government will suspend the Economic Complementation Agreement (ACE 55) with Mexico, which allowed free flow of automobiles and auto parts. In a press conference, Bruno Ferrari, Minister of the Economy, said that Mexico’s government is not willing to negotiate the Agreement with Argentina, and they will resort to international venues to keep in in force. Mr. Ferrari pointed-out that since 2003 bilateral trade of automobiles and auto parts posted a surplus for Argentina, but in 2011 the balance was in favor of Mexico; therefore, “There is no argument to suspend the Agreement”. In 2011 US$88.7 million were exported in automobiles, while US$237.7 million were imported, benefiting the domestic industry.
    Source: Milenio | Date: 27/06/2012