Auto industry investments exceed US$100 billion in current presidential term: Ernst & Young
The investments of automotive industry in Mexico already exceed US$100 billion in the current presidential term, averaging US$20 billion per year between automakers and manufacturers of tires and other petroleum derivatives, as well as suppliers of auto parts in general. This was stated by Andrés ...
In auto industry, El Bajio states stop competing and learn to complement each other
For the state of Guanajuato, which has been the epicenter of Mexico's automotive boom in recent years, the key to attracting foreign investment is that El Bajio states, the central zone of the country, learned to complement instead of competing with each other for the projects. This was stated by go...
Nuevo Leon attracts 2 Chinese plants; lures another 18 projects US$1.7 billion worth
The government of Nuevo Leon currently seeks to attract 18 projects from Chinese companies interested in establishing manufacturing operations in the state. These plans involve investments for more than US$1.7 billion and the opening of 12,550 job positions, said during a press conference in recent ...
First dual-motor Model 3 rolls out of Tesla plant
Tesla CEO Elon Musk announced that the first Model 3 Performance Dual Motor rolled out of a new assembly line during the weekend. His update, via Twitter comes just a month after Tesla opened orders for the high-performance version of its smallest electric car. The Model 3 Performance came out ear...
Honda has replaced 300,000 Takata inflators in Mexico
Honda de Mexico announced that it has replaced more than 300,000 defective Takata airbag inflators, representing half of the potentially affected vehicles in Mexico. The company made it clear that the effort is not going to stop until it has repaired as many affected units as possible, which includ...

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