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  • A new Hyundai plant may be installed in Nuevo Leon
  • Aeromexico and Mexico City Government inaugurate the first ‘CDMX’ airplane to promote tourism
  • Jalisco attracts German investment in the automotive and aerospace industries
  • Kostal Group will build a second plant
  • The Minister of the Economy inaugurated 2 new plants in Bafar Complex
  • Amistad Welcomes Mahle and TitanX
  • 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
  • Assemblers like Mexico

    Mexico City— Mexico has become so attractive for investments in automotive sector that it outdid Canada as production and export center in North America, according to Wards Auto Consultants Firm. Wards Auto estimates that vehicles production in Canada will remain the same in the next 6 years, while production in Mexico will keep on growing due to decisions made by several assemblers to expand their production capacity here. Canada has capacity to produce 3 million vehicles every year, but in 2012 such figure is expected to drop to 2.5 million units, because General Motors is consolidating operations from two plants in only one plant. As a matter of fact, vehicles production in Mexico is expected to reach 3 million units in 2014 and continue growing in the following years.
    Source: Reforma | Date: 01/08/2012