MND_BUSINESS
Toyota announces US $1.4B investment in its Mexico factories
Toyota said that the investment will also incorporate new technologies that optimize resource use and reduce emissions.
Ebrard seeks meeting with Elon Musk to discuss future of Tesla...
Musk put the factory on pause in July, in response to tariffs threatened by then-presidential candidate Donald Trump.
Surging produce prices pushed up inflation in October
Climatic conditions have caused major swings in produce prices this year, but winter weather is expected to bring relief.
BYD CEO: US election results do not change investment plans in Mexico
Jorge Vallejo, BYD’s general director in Mexico, said that the firm had narrowed the list of potential plant locations to three candidate states.
Is Mazatlán’s port prepared for the influx of Chinese vehicles to Mexico?
Increased investment in Sinaloa's port infrastructure could make the state an entrepôt par excellence for car imports from Asia.
Silicon Valley companies plan to invest US $890M in Jalisco in 2025
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
The new Salinas Victoria factory is already beginning to produce off-road vehicles and Jet Skis.
Shandong Golden Empire invests US $165M in San Luis Potosí
Shandong Golden Empire is the tenth Chinese firm to make manufacturing investment commitments in the central Mexican state since last year.
Mexico raises trade concerns over US plan to ban Chinese car software
The proposed ban wouldn't just affect Chinese companies but any automaker that uses Chinese technology in their vehicles.
World Bank: Nearshoring currently accounts for 0.2% of Mexican GDP
Though northern border and Bajío region states are the "big winners" so far, a federal plan aims help other areas of the country catch up.
Grupo Xcaret to invest US $700M in Quintana Roo
New infrastructure and construction will increase the Xcaret Hotel complex’s capacity to 1,800 rooms in 10 buildings, Grupo Xcaret said in a statement.
Zekelman Industries files suit against Mexico for steel dumping and trade violations
Zekelman is accusing Mexico of acting as an illegal backdoor to Chinese imports, allowing those products to evade tariffs.
Uber Freight expands services in Mexico, citing nearshoring opportunities
Uber Freight's new facility in Nuevo Laredo is a response to a more than 70% annual increase in shipping requests between the U.S. and Mexico.
How might Mexico’s peso react to the US elections?
Whether Trump or Harris wins the presidency, experts see possible danger for the peso, even with the candidates' very different trade rhetoric.
Automaker Stellantis is expanding in Coahuila as US factory nears capacity
The expanded facility in Saltillo will act as a 'release valve' for US plants that will soon reach capacity, the CEO said.
Carlos Slim says President Sheinbaum’s plans will boost investment in Mexico
After meeting with Sheinbaum Tuesday, billionaire Carlos Slim professed confidence in Sheinbaum's plans to attract nearshoring investment.
