The automaker is facing potential parts shortages from suppliers in northern Mexico as the coronavirus pandemic throttles production.
The president makes his first international trip to visit Washington, where the two leaders will toast the new trade treaty despite mounting woes at home.
Grupo Salinas’ TV Azteca will take a minority stake in the company, promoting the service through its TV businesses and Elektra retail stores.
Emilio Lozoya will be flown home to face charges in the biggest corruption prosecution yet under President López Obrador.
A new trade pact begins on Wednesday with the top US negotiator threatening litigation, investor distrust rife and supply chains tested by Covid-19.
The president insists that Mexico’s greatest asset is “the honesty of its people,” but studies show corruption has worsened since he took office.
The healthy eating drive, which will begin next month, overlooks the fact that Mexico exports some US $22 billion a year in processed food to the US.
Mexico has deployed its top weapon to keep revenue flowing: a sweet-spoken and tough-as-nails official who has squeezed $800 million in contested payments.
The alarm bells started ringing in March when three top businessmen went down with coronavirus after flying home from a U.S. ski resort.
President López Obrador’s main response has been to offer loans to microbusiness owners. Larger companies have been ignored.
Mexico’s ruling party abruptly postponed a plan to fuse the telecoms and energy regulators and the competition authority after an outpouring of criticism.