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  • 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
  • Exports by Mexican Automotive Industry hit new record

    Mexico City.- The Mexican Automotive Industry Association, Asociacion Mexicana de la Industria Automotriz (AMIA), disclosed figures of vehicles made in Mexico exported to six regions, showing that vehicles exports went up as follows; to Africa 859%, to Asia 442%, to Europe and Latin America 82.2% and to the United States 22.8%. Eduardo Solis, Chairman, AMIA, said that the effects from the suspension of the Economic Complementation Agreement (ACE 55) with Argentina will start to be felt in July, as will do the tariffs set by Brazil, since assemblers have not reached their quota yet for tariff-free exports to the Brazilian market. Last June a 40.3% year-to-year increase in sales was achieved, after exporting 264,151 units; the assembler with the largest growth in exports was Volkswagen, with a 52% increase over June 2011.
    Source: Reforma | Date: 12/07/2012