Monday, November 18, 2024
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A Mexican shoe-maker at work

Economy Ministry seeks to revive the ‘Hecho en México’ brand to...

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As the threat of tariffs looms, Mexico hopes to boost production and consumption of its domestic products.
A U.S. farmer standing in front of a tractor and a pile of grain, holds up a handful of yellow corn

Mexico is now the biggest buyer of US food and ag...

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Despite an ongoing trade dispute over GM corn, Mexico is importing more and more U.S. agricultural products.
A delivery person from Mexican company Jüsto holds a pair of paper bags

Amazon México partners with online grocer Jüsto

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Through Amazon, customers will have access to Jüsto’s 7,000 products, including the digital supermarket’s private-label products.
Hands grip the wheel of a Ford car as it drives down a highway

Mexican auto sector’s trade surplus with the US is bigger than ever

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Though the sector's U.S. trade surplus already surpassed US $100 billion this year, American automakers don't appear worried.
A delivery person in a yellow shirt holds a brown package with the Mercado Libre logo

Mercado Libre to invest US $2.5B in Mexico in 2025

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The expansion is expected to create 7,000 jobs at Mercado Libre's distribution hub in Hidalgo.
MND podcast

MND Perspectives: What does a higher minimum wage mean for Mexico?

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MND's new podcast series takes a look at how a new minimum wage law might shape the future of Mexico's economy.
BYD nearshoring

MND Deep Dive: The impact of Chinese investment in Mexico

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Mexico News Daily's new podcast looks at the effects of the BYD nearshoring investment in Mexico and what it means for the economy.
Toyota automotive plant located in the border city of Tijuana (Baja California)

Toyota announces US $1.4B investment in its Mexico factories

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Toyota said that the investment will also incorporate new technologies that optimize resource use and reduce emissions.
Marcelo Ebrard looks over his glasses

Ebrard seeks meeting with Elon Musk to discuss future of Tesla ‘gigafactory’ in Mexico

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Musk put the factory on pause in July, in response to tariffs threatened by then-presidential candidate Donald Trump.
A woman looks at fruit and vegetables in a Mexican market, with the prices marked

Surging produce prices pushed up inflation in October

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Climatic conditions have caused major swings in produce prices this year, but winter weather is expected to bring relief.
Façade of a BYD facility in Mexico.

BYD CEO: US election results do not change investment plans in Mexico

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Jorge Vallejo, BYD’s general director in Mexico, said that the firm had narrowed the list of potential plant locations to three candidate states.
The news magazine Expansión reports that Mazatlán port officials hope to exceed 180,000 new vehicle imports by the end of 2024.

Is Mazatlán’s port prepared for the influx of Chinese vehicles to Mexico?

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Increased investment in Sinaloa's port infrastructure could make the state an entrepôt par excellence for car imports from Asia.
The electronics manufacturing services company Flex with Jalisco Governor Enrique Alfaro

Silicon Valley companies plan to invest US $890M in Jalisco in 2025

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Among the tech companies planning to invest in Jalisco are Flex, ASE Group, Jabil and Bosch.

Kawasaki inaugurates US $200M new plant in Nuevo León

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The new Salinas Victoria factory is already beginning to produce off-road vehicles and Jet Skis.
Shandong Golden Empire manufacturing demonstration with a white car frame in a conference hall and blue robotic arms on either side of the frame manipulating auto parts

Shandong Golden Empire invests US $165M in San Luis Potosí

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Shandong Golden Empire is the tenth Chinese firm to make manufacturing investment commitments in the central Mexican state since last year.
A monitor in a Chinese EV

Mexico raises trade concerns over US plan to ban Chinese car software

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The proposed ban wouldn't just affect Chinese companies but any automaker that uses Chinese technology in their vehicles.