Amazon and Mercado Libre expected to benefit from Mexico tariffs
E-commerce giant Amazon and Mercado Libre could benefit from new tariffs on low-cost imports into Mexico versus Asian retailers such...
Mexico
Volkswagen is considering shifting Golf production elsewhere, and Mexico is in the limelight
According to plans now being reviewed at Volkswagen's headquarters, the German carmaker is considering relocating Golf production abroad, with Mexico...
75 billion pesos to be invested in a green city to attract nearshoring to Mexicali
Mexicali is building a green and smart city to attract nearshoring. And in this project that will give an industrial...
Concanaco Servytur fears that a tax on cruise passengers may discourage shipping lines
The Confederación de Cámaras Nacionales de Comercio, Servicios y Turismo (Concanaco Servytur) expressed concern on Monday about the tax that...
After nearly three years, Citi announces the successful separation from Banamex
Citi announced on Monday the "successful separation" of its institutional banking operation in Mexico from its consumer and corporate banking...
Trump’s tariffs could cost automakers up to 17% of their combined profits: S&P
Ver la entrada Automakers in Europe and the United States might lose up to 17% of their combined annual core...
Automotive industry urges caution and preparation for possible new tariffs
The head of the Mexican Automotive Industry Association (AMIA) stated on Tuesday that it is vital to wait for the...
Peso falls sharply at the open after Trump’s tariff threats
The peso fell dramatically on Tuesday, after U.S. President-elect Donald Trump announced earlier in the day that he would put...
Banorte intends to boost its loan portfolio by ten percent by 2025
Given the high demand for finance for subnational governments (states) as a result of the dynamism of nearshoring, Grupo Financiero...
Toyota announces $1.45 billion investment in its BC and Guanajuato factories
Toyota de México will invest $1.45 billion in Mexico to improve operations at its facilities in Baja California and Guanajuato....
