MND_BUSINESS
Bloomberg: Mazda ready to move some Mexico operations if US imposes...
Mazda's Mexico director told Bloomberg that the company has a "Plan B" ready if Donald Trump's threatened 25% tariff on Mexico takes effect.
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.
Mexican auto industry accelerates toward historic production mark in 2024
Exports also grew by 2.8% year-on-year in November, with Japanese companies Toyota, Nissan and Honda leading the way.
MND Deep Dive: Querétaro’s data center boom
Our subscriber-exclusive podcast looks at the new data firms setting up facilities in central Mexico.
I don’t want to, but someone else please start these businesses in Mexico!
Please, Elon, if you're reading this, we need you.
Mexico announces US $1.6B investment to modernize 6 major maritime ports
The infrastructure upgrades are designed to spur the growth of 10 industrial corridors across the country.
Peso recovers from Trump tariff threats as US dollar weakens
The peso's value against the dollar is on its third day of steady increases.
French aerospace manufacturer Safran invests US $35M in Querétaro plant
Safran's addition to its Querétaro plant now makes Mexico one of the few countries able to cover every aspect of a jet engine's life cycle, said Safran officials.
Giant Motors CEO in Mexico ‘unfazed’ by Trump tariff threats
Giant Motors is currently the only company that makes Chinese vehicles in Mexico, specifically the JAC brand.
Record earnings expected for holiday season tourism
This winter break, Mexico is expecting even more tourists, more revenue and higher hotel occupancy than last year.
Querétaro prepares to welcome a dozen new data centers, state development minister announces
The state is working with the Federal Electricity Commission to accomodate the incoming data centers' "enormous energy requirements."
IMCO: These are Mexico’s most competitive cities in 2024
The Mexican Institute for Competitiveness' 2024 list of most competitive cities is out, and the four top winners are in Mexico's northern region.
American Society: ‘Mexico has the most to lose’ in trade war with US
American Society of Mexico President Larry Rubin stressed that the U.S. and Mexico must find "common understanding" among their trade tensions.
Mexican export revenue rises 11.2% in October says INEGI
Mexico underlined its importance to the U.S. economy as exports rose again last month.
HR Ratings changes Mexico’s rating from stable to negative
The Mexican credit rating agency said it was basing its decision on what it called the "negative performance" of Mexico's industrial sector over the past year.
John Deere confirms US $55M investment in Mexico plant despite Trump’s threats
Local media reports that the new plant will be located in the northern state of Nuevo León.