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BUSINESS

Toyota has been manufacturing the Tacoma in Tijuana since 2002.

Toyota set to move production out of Tijuana and into Texas

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The Japanese automaker will gradually relocate production of the Tacoma model to its San Antonio plant over the next four years. However, Mexico's Economy Ministry hinted at a future investment announcement that may soften the blow.
Nubank app

Nubank — the company behind Nu banking services — will invest...

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The fintech serves more than 135 million customers in Latin America, more than 15 million of them in Mexico, where its all-digital services appeal to those outside the traditional banking system.
Mexico's Minister of Foreign Affairs and President of Switzerland shaking hands

Swiss president arrives in Mexico for official visit focused on economic...

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President Claudia Sheinbaum will meet on Wednesday with Swiss President Guy Parmelin, who arrived in Mexico on Monday.
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Girl modeling Team Mexico jersey from Adidas on the street

Fancy embroidered World Cup Mexico jerseys and workers’ rights? It’s a complicated issue

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What do social media influencers, Adidas and Indigenous Mexican artisans have in common? They're the major players in a controversy over pay for those making Mexico's best-selling World Cup team jerseys.
The Mexican stock market building on Paseo de la Reforma in Mexico City.

Are we seeing light at the end of the tunnel for Mexico’s economy? A...

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Mexico News Daily CEO Travis Bembenek sits down with Empresas Globales chief Guillermo Bernal to unpack Mexico's mixed economic signals and how major investors really see the country's outlook.
oil well

For the first time in 36 years Pemex is importing more than it exports

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The imbalance comes after 15 years of falling production and in the midst of billions of dollars of support from the federal government, which is a factor in stalling economic growth.
World Cup n field celebration of goal

World Cup fever boosts Mexico-England ticket prices to as much as US $130,000

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Ticket prices on resale sites (the only option left) have risen by 33% in just three days, to the point that even Mexico's richest man (Carlos Slim) says they're "excessive."
Ebrard at podium

US tells Mexico it will not renew the USMCA trade agreement

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Economy Minister Marcelo Ebrard said that U.S. Trade Representative Jamieson Greer told him and his Canadian counterpart on Wednesday that the United States is "not in the position" to be able to renew the USMCA for an additional 16 years.
Authentic Mexico team jersey produced by Adidas

Wearing pride: Mexico’s counterfeit jersey economy, explained

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Mexico may have the World Cup's best-selling team jersey, but the majority of those pridefully being worn are knockoffs, and this has consequences, as writer María Meléndez explains.
Mexican fans celebrate in a FIFA Fan Fest

World Cup brings Mexico US $1B windfall in just 13 days

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Mexico has welcomed a windfall of 17.5 billion pesos (US $1 billion) in the first 13 days of the 2026 FIFA World Cup, not including the 5 billion pesos ($286 million) from the sale of match tickets.
Aerial side view of cargo ship carrying shipping containers for export

Mexico’s exports jump 25% in May, pushing 2026 trade surplus past US $5.7 billion

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Mexico’s export boom continued in May, delivering a solid monthly surplus as manufacturing, oil and raw material exports climbed sharply and outpaced strong growth in imports.
Pemex and Petrobras heads

Pemex and Brazil’s Petrobras will partner up to boost oil production in the Gulf of Mexico

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Mexico and Brazil have been seeking closer economic ties, and this pact unites Brazil's technological advances for extracting oil and Mexico's access to the Gulf of Mexico's deep waters.
Bimbo plant

Bimbo’s regenerative farmland use passes half a million hectares as it eyes 100% sustainable sourcing by 2050

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In an era when most farmland use is trending in the opposite direction — toward increasing degradation — Mexico´s giant food company is seeking to source its ingredients from sustainable agriculture.
Mexico skyline

Institutional inefficiency and judicial uncertainty drag Mexico down in new competitiveness ranking 

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Despite strong scores in employment, Mexico dropped from a high of 50th in 2019 to 62nd, behind Chile, Argentina, Colombia and Peru, but ahead of Brazil and Venezuela.
Patrons of a bar celebrate a World Cup match

Mexico City got a US $70M boost from first World Cup weekend

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This economic boost was driven by the tourism, consumer and entertainment sectors, particularly by increased hotel occupancy, food and beverage sales and sporting goods purchases.

Many Mexican fans are running up debt to attend World Cup matches

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After 40 years, Mexicans finally have another chance to attend World Cup matches in their own country. But ticket prices have soared so much that they're relying heavily on credit to do it.