Nissan could get nearly US$ 1 billion for its stake in Calsonic Kansei
Nissan Motor is considering liquidating its 41% interest in autoparts maker Calsonic Kansei, with an eye toward using the proceeds to bolster electric vehicle and artificial intelligence research and development. The sale may raise more than US$ 913 million based on Calsonic Kansei's recent stock m...
Hyundai Polytech to open US$ 15 million plant in Coahuila
Korea-based Hyundai Polytech announced its upcoming opening in Ramos Arizpe, Coahuila, with an investment valued at US$15 million and 250 new jobs created. The factory shall be set on a 35,000 square meters facility at Parque Industrial Cactus Valley, with the objective of doubling its operations...
Industrial park to host seven suppliers next to new Audi's Mexican plant
A just-in-sequence (JIS) supplier park next to Audi's new plant in San José Chiapa, Mexico, opened officially over the weekend. It will host an initial seven suppliers and will create about 1,000 jobs. Audi procurement head Bernd Martens said: "The supplier park is an important element of our loc...
Auto workers Union confirms Ford Range and Ford Bronco production
Fan made rendering, not the actual model Speaking to the Detroit Free Press, Bill Johnson, UAW Local 900 chairman, confirmed previous reports that the discontinued Ford Range and Ford Bronco models would be produced in Michigan once all Focus and C-Max production is shipped to Mexico. Talking ab...
Audi inaugurates its assembly plant in Mexico
German car maker Audi inaugurated its new plant in Mexico, where it would build the new Audi Q5 SUV.  The plant located in San José Chiapa in Mexico’s federal state of Puebla will have a production capacity of 150,000 cars a year, the company said in a press release. By the end of the year, a...

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