Automotive trade surplus hikes 17.7% during first quarter
The automotive industry established in Mexico recorded a trade surplus of US$ 18.8 billion in the first quarter of 2018, which represented a 17.7% hike compared the first quarter of 2017, the largest increase for a similar period since 2011, according to the latest figures from the Mexican Automotiv...
Nissan to cut production by up to 20% in Mexico, US during Summer
Japanese automaker Nissan Motor plans to cut vehicle production during the summer in North America by as much as 20% in order to stabilize profitability, Nikkei business daily reported. According to the Japanese news outlet, Nissan’s sales have maintained afloat at the cost of increased discounts...
US auto dealers get a sneak peek of new Mercedes crossover likely to be made in Mexico
A new Mercedes-Benz crossover that has been speculated will be built in Mexico recently made its appearance before U.S. auto dealers as pre-production model during an annual meeting in Atlanta, AutoNews reported. According to the car-specialized news outlet, the vehicle to be named GLB was unveiled...
By exporting to 65 countries, KIA Mexico lowers its reliance on the US market
KIA Motors Mexico (KMM) has reduced by 22% its dependence on the U.S. market in the two years of manufacturing operations in the country, an official recently revealed to Notimex. While in 2016 the Korean automaker exported 85% of its production to the U.S. market, that percentage was reduced to 63...
BMW Mexican plant to begin test runs in September
BMW Group plans to formally start production of its 3 Series sedan in Mexico in the first quarter of 2019 and for this purpose, the German automaker plans to start production tests on September 24, said in recent days the president of the San Luis Potosi plant, Hermann Bohrer, to the Mexican press. ...

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