MND_BUSINESS
In a show of business confidence, Finsa will invest US $500...
The planned investment reflects the real estae developer's conviction that “Mexico remains a strategic country for North American manufacturing.”
Michelin to close Querétaro plant by year’s end
The closed plant will partially merge with a Michelin factory in León, Guanajuato, that is better configured to manufacture products suitable for today's tire market.
Mexico’s auto exports down 6% this year
Not all automakers are exporting fewer cars from Mexico, however. Toyota, KIA, Ford and Honda reported notable increases in exports between January and June.
Despite tariffs, Mexico maintains significant trade surplus with the US
Mexico exports to the U.S. have dropped, but U.S. exports to Mexico dropped more.
Sheinbaum: 50% steel and aluminum tariff is ‘unjust’ and ‘has no legal basis’
Economy Minister Marcelo Ebrard said Tuesday that Mexico would seek an exclusion from the tariff, which doubles the 25% duty that the United States imposed on steel and aluminum imports in March.
The top 3 challenges facing Mexico’s energy sector: An interview with the Institute of...
Mexico News Daily talked with IOA President Richard Kiy about what's next for Mexico's energy sector after last year's landmark energy reform.
Despite regulatory complexity, investment in Mexico remains high
Doing business in Mexico can be a bureaucratic headache. Nonetheless, interest in investing here remains strong.
Chedraui grocery chain announces 3.5B peso expansion in Tamaulipas
Chedraui plans for Tamaulipas include 13 new stores and plans to create over 6,400 jobs.
Bank of Mexico cuts 2025 economic growth forecast to just 0.1%
Sluggish economic activity at home and trade uncertainty abroad could slow growth into next year, the national bank reported.
BBVA to invest 100 billion pesos in its Mexican banking operations
The bank's Mexican leadership, while recognizing "increasingly uncertain times," sees Mexico in an advantageous position for future economic growth.
Kia Mexico to expand Nuevo León operations
Kia has confirmed Mexico production will continue despite U.S. tariffs, focusing on K4 and K3 models and expanding exports worldwide.
Nearshoring lives on: Despite economic uncertainty, the flow of fresh capital into Mexico is on the rise
New foreign investment has shown surprisingly strong growth compared to last year, though it remains a small portion of total FDI.
Claudia’s Chinese car conundrum: A perspective from our CEO
Travis Bembenek talks with auto consultant Michael Dunne about how Mexico can navigate getting caught in the crossfire of a trade war.
Mexico sees record-breaking US $21.4B in first quarter FDI
The $21.4 billion first quarter FDI total represents an increase of 5.4% compared to the $20.3 billion Mexico received in foreign investment in the first three months of 2024.
Ebrard: US content in Mexico-assembled vehicles cuts export tariffs by 40%
Vehicles manufactured at U.S.-owned auto plants in Mexico have, on average, 40% U.S. content, reducing their tariff rate to 15%. Japanese and German automakers, on the other hand, will face the full 25%.
Thinking of starting a business in Mexico? Here’s what you need to know
From incorporation to tax registry, a legal expert shares her advice on getting started in Mexico.