Automotive


29Feb

Automotive Suppliers Rise with the arrival of factories

In Guanajuato three automotive suppliers gave news: the Canadian Martinrea opened its plant, French Faurecia extended and Magna announced its arrival.

Posted in Automotive

28Feb

Mexico Doubts about the trade pact with Brazil

The Mexican government fears that his Brazilian counterpart breaks the agreement for the automotive industry, ensures that the South American country had a trade surplus of more than 21,500 million dollars between 2003 and 2011.

Posted in Automotive

24Feb

Mexico seeks to reassure Mazda

Bruno Ferrari traveled to Japan to reaffirm the intention of saving the auto pact with Brazil, the economy minister was confident of convincing Brasilia to keep the agreement.

Posted in Automotive

23Feb

Mexico in top ten automotive: KPMG

The country's production in 2011 grew by over 13% to almost 2.4 million units, the firm said, the international sales rose just over 10% compared with 2010, to 900,000 cars.

Posted in Automotive

22Feb

Mazda to raise €1.6bn for investment

Japan's Mazda Motor Group plans to raise €1.6 billion to shore up its finances and invest in a new plant in Mexico, financial sources said today - a bigger-than-expected fund raising that sent its shares tumbling 13 per cent.

Posted in Automotive

22Feb

Mexico-Brazil conflict could change Mazda plans

Although the Brazilian market is important to Mazda Motor de Mexico, if the Economic Complementation Agreement (ACE) 55, modifies with that nation, the automaker would seek to diversify their production in other parts of the world.

Posted in Automotive