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Mexico’s automotive industry on a roll

Mexico’s automotive industry is growing rapidly. No, that is an understatement. Mexico’s automotive industry is booming. In the past couple of years, no fewer than eight automotive manufacturers have announced plans to build new plants in Mexico. By 2016, Mexico will be a manufacturing base for automakers such as Infinity, Audi, BMW, Mercedes-Benz and Kia. […]

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IAC opens new manufacturing operation in Arteaga

International Automotive Components (IAC) has inaugurated its new Arteaga, Mexico, manufacturing operation on 26 May. With the addition of the new 90,000-square-foot (8,361-square-metre) Arteaga operation, the company now has eight manufacturing sites in Mexico, increasing its footprint to 81 manufacturing locations in 19 countries. IAC is also supported by a ninth country location, a customer […]

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Mexico foreign direct investment rises to $7.57 bln in 1st-qtr

Foreign direct investment (FDI) in Mexico rose to $7.57 billion in the first quarter of the year according to preliminary figures, boosted by U.S. telecoms giant AT&T’s purchase of Iusacell, the economy ministry said on Wednesday. The figure is 30 percent higher than the $5.8 billion obtained from January to March, 2014 when measured by […]

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Bosch plans to spend $142mn this year

The Mexican division of the German manufacturer Bosch will invest US $142 million in new plants and upgrades this year. Robert Bosch México is going to move the manufacture of water heaters, previously carried out in China, to a new $7-million factory in Tepozotlán, State of México, said president René Schlegel at a press conference. […]

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Hitachi Automotive Systems Americas Announces to begin construction of its new automotive equipment system plant in Mexico State

Hitachi Automotive Systems Americas, Inc., the regional headquarters for the Americas within Hitachi Automotive Systems’ global operations – today announced that Hitachi Automotive Systems Mexico, S.A. de C.V. (President: Takumi Shimaoka) has begun the construction of a new plant in Lerma City, Mexico to manufacture automotive systems. Mexico continues to develop as a base for […]

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Mexico luring new auto plants

Mexico has become the most-attractive place in North America to build auto factories, a shift that has siphoned jobs from the U.S. and Canada while also helping to keep car and truck prices in check for consumers. In the past two years, eight automakers have opened or announced plants or expansions in Mexico. Earlier this […]

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