Car sales in Mexico, weak

MEXICO CITY (Xinhuanet) - Despite the favorable results in automotive exports in 2011, domestic sales are lower than those reported in 2007, said the Center for Public Finance (CEFP) of the House of deputies, through a statement.

Posted in Automotive


Mexico Investment Summit 2012

“The Everest Group will be at the Mexico Investment Summit in Mexico City next week 31 Jan-2 Feb, contact us to set up a meeting while at the show.”

Posted in Automotive, Foreing investment in Mexico, Security in Mexico, Manufacturing in Mexico, Nearshoring/Offshoring, Business, Government, Politic / Economic issues, Trends, Aerospace, Economic Indicators, States


New Nissan plant in Mexico could include Daimler

While Nissan confirmed last week that it would build a new plant in Mexico, rather than the United States, a report Friday from Germany said that Daimler AG also will build a new North American plant, either in the United States or Mexico.

Posted in Automotive, Manufacturing in Mexico


Excellent investment prospect: Mexican automotive industry

The Mexican automotive industry has been one of the big winners in the substitution process production experienced in recent years and has involved the transfer of production from developed to developing countries.

Posted in Automotive


Century expands automotive injection molding in Tennessee, Mexico

Automotive injection molder Century Mold Inc. will invest $4.2 million to expand its Shelbyville, TN plant, a move that ultimately will create 58 new jobs. Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty today joined with representatives from Century Mold to announce the investment on Jan. 13.

Posted in Automotive


Chrysler to expand Mexico plant to build Ram commercial van

Chrysler and Fiat CEO Sergio Marchionne said today that the company is planning to expand its assembly plant in Mexico to produce Ram commercial vans.

Posted in Automotive