MND_NEARSHORING IN MEXICO
Tariff turmoil: Chronicle of a chaotic day in Washington
After sending mixed messages on Wednesday, the White House has clarified the most recent round of tariffs won't apply to Mexico.
Stellantis to pause production on some models amid auto sector shake-up
While some automakers hit the brakes on production in Mexico, some foreign manufacturers are eyeing Mexico's free trade tariff exemptions.
FT: China is withholding approval for BYD’s Mexico plant due to...
Sources cited by The Financial Times revealed that Chinese EV company BYD sees Mexico’s allegiance to the U.S. as a potential dealbreaker in its nearshoring plans.
How is Mexican industry doing? Our CEO visits his local industrial park to find...
To see what's really going on with the Mexican economy, Mexico News Daily CEO Travis Bembenek takes a look under the hood at the San Miguel industrial park.
US tariffs on Mexican steel and aluminum go into effect
Beyond impacting Mexico's metals sector, the 25% tariffs will tax a wide range of products containing steel and aluminum — everything from auto parts to furniture.
Trump delays Mexico tariffs after ‘excellent and respectful’ call with Sheinbaum
"Our relationship has been a very good one, and we are working hard, together, on the Border," Trump wrote in reference to his Mexican counterpart.
Trump gives automakers in Mexico a brief reprieve on tariffs
Trump reportedly told the three automakers requesting the reprieve that they should start preparing to move to the U.S. to avoid paying tariffs.
Occupation of industrial warehouses in Mexico slows down
After four record-breaking years, protectionism and the possibility of a U.S. recession is hitting both foreign and Mexican companies.
Sheinbaum signs ‘nearshoring decree’ to attract foreign investment
The new package of fiscal incentives will be available for companies investing in Mexico or spending on training and innovation.
KPMG: 6 in 10 Mexican firms expect to make new investments in 2025
Of the Mexican executives expecting to make new investments in 2025, only 34% ranked nearshoring opportunities as a priority for their company.
Korean EV parts manufacturer invests US $25M in Coahuila
Local authorities hope to attract other automotive tech companies to the state as they seek to position Monclova as a key player in the growing EV sector.
Stellantis prepares new investments in Mexico in 2025
Stellantis' investment will boost production at its Coahuila facility to nearly 1 million vehicle engines, the company said.
Industrial parks set to draw US $6B in 2025
Three northern locations — Tijuana, Baja California, Ciudad Juárez, Chihuahua, and Monterrey, Nuevo León — are primed to receive the bulk of the investment.
