MND_BUSINESS
Energy Ministry sees 96% of private-sector energy investment going toward renewables
While the private sector accounts for a minority of energy capacity production, its strong emphasis on renewables aligns with the government's emerging priority of energy diversity.
Shanghai-based Yongmaotai announces US $63M auto parts plant in Coahuila
Yongmaotai said in July that the investment in Mexico will "help reduce the adverse effects of changing international tariff policies" on the supply chains of its clients in Europe and the United States.
Made in Mexico: Bimbo bread
The world's biggest bakery has its fingers in a lot of pies, and on the pulse of what Mexicans value most.
Mexico is now the leading exporter of electric vehicles to the US, surpassing Japan...
Mexico exported some 145,000 electric vehicles to the U.S. last year, mainly models by General Motors, Ford, Stellantis and Toyota, tripling the number of U.S.-bound exports from the previous year.
Sinaloa foreign direct investment plummets amid cartel turf war
Federal data tells a clear story: FDI dropped 87% during the first six months of 2025. But Sinaloa state officials say business confidence is high, and Moody's seems to agree with them.
Electric trucks to haul cargo from Monterrey to Laredo starting in November
A private company has developed a transport route for its state-of-the-art electric vehicles to cleanly haul cargo from Monterrey into the U.S.
Citi rejects Grupo México’s US $9.3B offer to buy Banamex
On Monday, Citi said that it remained "committed to realizing the full value of Banamex for our shareholders, and the agreement we announced with Fernando Chico Pardo ... continues to be our preferred path to delivering that outcome."
Salesforce announces investment of US $1B to accelerate AI adoption in Mexico
“This $1-billion investment is a commitment to Mexico as a key market for AI-powered growth,” Salesforce CEO Marc Benioff said.
Trump expands 25% truck tariff to include medium-duty vehicles, moves date to Nov. 1
The president of the United States initially said that a 25% tariff on heavy-duty trucks — but not medium-duty trucks — would take effect on Oct. 1. President Sheinbaum said on Tuesday that she would negotiate a carve-out for Mexico.
Grupo México seeks to acquire up to 100% of Banamex from Citigroup
It's the conglomerate's second attempt to gain full ownership. A complication this time is that another mogul, Fernando Chico Pardo, has officially offered to buy 25% of the bank.
USTR: Mexico not 100% compliant with USMCA
United States Trade Representative Jamieson Greer said his office is in talks with Mexican officials about the alleged breaches and asserted that, as things stand, "it doesn't make a lot of sense to talk about extending" the USMCA.
Slim invests US $2B in Veracruz oil field to help nudge Pemex to self-sufficiency
Carlos Slim's Grupo Carso will drill up to 32 onshore wells in the Ixachi field of the Gulf of Mexico over the next three years for Mexico’s state-owned oil and gas firm Petróleos Mexicanos (Pemex).
Fitch bumps up Pemex’s credit rating to BB+, citing stability
The upgrade by one of the top three credit rating agencies came with a stable outlook and followed the successful completion of a US $9.9 billion tender offer in eight series of securities, with financing from the Mexican government.
Opinion: It’s time for Mexico to stop flaring its precious natural gas
Mexico's dependence on U.S. natural gas is a major weakness, two energy sustainability experts write. So why is it burning off its own resources?
Analysts foresee long-term rate cuts as inflation creeps up
While actual figures for July have offset the recent positive growth forecasts from organizations like the OECD and IMF, private analyst predictions remain mildly positive.
San Luis Potosí leads Mexico in Japanese investment, opens Tokyo office to attract more capital
Japanese manufacturer Daikan's US $380M investment in a third SLP plant is the latest confirmation of the Bajío state’s ability to attract more Japanese investment than any other Mexican entity.
