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  • Zacatecas, with everything to have an Automotive Cluster
  • Collaboration Agreement entered by the SLP Government and the company BMW, S.A. de C.V.
  • The Mexican and German Ministers of Foreign Affairs inaugurated an industrial plant in Mexico
  • Nemak will invest US$200 million in two plants
  • Embraer will make airplane interiors in Chihuahua
  • Dishon will join the aerospace sector in Queretaro
  • SLP delivers land to BMW for the new plant
  • Nemak will build two factories in Mexico
  • Toyota Mexico will manufacture a new car with US$100 million
  • Aerospace sector in Baja California booming
  • Coca-Cola will invest US$7 billion in this Administration
  • Toyota will invest US$100 million in Mexico
  • Alcom Electronicos invests US$18.3 million in Tamaulipas
  • Coahuila attracts aeronautic companies
  • Investment in Mexican aerospace industry announced
  • First Korean company opens in Guanajuato Inland Port
  • ThyssenKrupp Aerospace will increase aluminum production by 20%
  • 36,700 airplanes will join the air fleet within 20 years due to the 5% increase in air traffic
  • Six suppliers for Audi assembly plant will establish at Tlaxcala
  • Investment in Colon will generate 2,500 jobs
  • Domestic Auto Parts Industry could lose US$200,000

    The Mexican Association of Auto Parts Industry, Industria Nacional de Autopartes (INA), estimated losses for around US$200,000 in production if Argentina does not reconsider its decision to suspend the Agreement for Economic Complementation Agreement (ACE 55) it entered with Mexico. In an interview, Oscar Albin, Chairman, INA, said that this amount is not so relevant for the sector when compared to the MXP$65 billion in total production and taking into consideration that the largest portion of exports by this industry are made to the United States and Canada. Auto parts exports to Argentina did not represent a big market for Mexico, it is a lot smaller than Brazil’s, where fortunately auto parts exports quotas were not limited, as was done with automobiles”, he said. He pointed-out that the impact will be on original auto parts sold to assembly plants in Mexico that export to Argentina, sales that dropped around US$200,000, reducing also the amount of taxes paid.
    Source: Notimex | Date: 11/07/2012