Wednesday, December 6, 2023

YOUR NEED-TO-KNOW NEWS ON MEXICO IN THE GLOBAL ECONOMY

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YOUR NEED-TO-KNOW NEWS ON MEXICO IN THE GLOBAL ECONOMY


“During this period, exports of automotive products increased by 14.2%. Car manufacturing increased by nearly 14%, exceeding the global increase of 8.8% during the first nine months of the fiscal year.”

Data from the Bank of Mexico (Banxico).
How much is Tesla going to invest in Nuevo León?
Nuevo León Governor García mentioned a much higher figure than the original estimated investment of US $5 billion at an event on Monday. Read more.
How much is Tesla going to invest in Nuevo León?
Nuevo León Governor García mentioned a much higher figure than the original estimated investment of US $5 billion at an event on Monday. Read more.
Volkswagen de México reaches agreement with union on 8.1% pay raise
Workers at Volkswagen’s Puebla plant have called off planned strike action after a successful dialogue with the company. Read more.
Volkswagen de México reaches agreement with union on 8.1% pay raise
Workers at Volkswagen’s Puebla plant have called off planned strike action after a successful dialogue with the company. Read more.

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Good numbers for Mexico:

Investment in automotive manufacturing hits historic high
In June, the US $5B in foreign direct investment in the industry had already surpassed any previously recorded annual FDI in the sector. Read more.
Investment in automotive manufacturing hits historic high
In June, the US $5B in foreign direct investment in the industry had already surpassed any previously recorded annual FDI in the sector. Read more.

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