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  • Pepsico invests US$56.6 millions in treatment plant
  • Chihuahua will manufacture an airplane by 2023
  • The first machines for Audi plant have arrived
  • Interjet reports the results of Mexico-Bogota route a year after it started operating
  • Altamira Port will receive investments for US$75.5 million in 2014
  • OMA will invest US$26.5 million in the new Acapulco terminal
  • Audi, BMW and Mercedes looking for suppliers in Mexico
  • Auto parts company starts operations in Parral
  • Cesar Duarte will travel to China to “secure” assembly plant
  • Guanajuato Inland Port grows with new tenants
  • 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
  • Deceleration in China, a risk for Mexico: CCE

    Mexico.- Higher taxes and budget cuts in the United States; deceleration in China; volatility in oil prices and the European Union crisis are all factors that pose “a huge contagion potential for economies and slower growth dynamism for Mexico”, according to Gerardo Gutierrez Candiani, Chairman, Consejo Coordinador Empresarial (CCE) (Business Coordination Council). The Business Sector expects economy will grow 3.7% and 3.4% in the third and fourth quarters, respectively. However, Gutierrez Candiani said that “no drastic deceleration is expected, because until now the United States keep incipient but stable recovery conditions. However, dynamism will slow down in what is left of the year, in line with a decrease in exports growth posted in the last few months”. GDP increase forecasts for 2012 close to 4% is kept. “In the first quarter 4.6% year-to-year growth was achieved, and estimates for the second quarter are around 4.2%, so we will keep our original figures”, CCE said in their weekly message.
    Source: La Jornada | Date: 01/08/2012