EuroGroup Laminations, a manufacturer of EV motors, will increase output in Mexico
The manufacturer of electric motor components, EuroGroup Laminations, announced on Friday that it will invest fifty million euros, or $55,...
Mexico
For the first time, Carlos Slim’s wealth surpasses $100 billion USD
A dozen years after being named the world's richest person, Mexican telecom tycoon Carlos Slim's net worth has crossed the...
Industry concerns that Pemex’s inability to pay debts poses a threat to suppliers’ survival
Industry associations warned that production, investment, and in certain situations even the life of suppliers are at risk due to...
Banorte is authorized to operate Bineo
Grupo Financiero Banorte said that the National Banking and Securities Commission approved the launch of Banco Bineo, its digital bank,...
Nearshoring: about 3,000 Asian enterprises have already established in Mexico
According to the Mexico-Hong Kong Chamber of Commerce and China HomeLife, over 3,000 Asian enterprises have already moved in Mexico...
The IMF has approved a $35 billion credit line for Mexico.
According to the statement, Mexican authorities want to treat the new agreement as precautionary and to maintain careful policy moving...
Mexico is securely seated on the throne of car parts sales to the United States
Mexico has established itself as the king in the supply of auto components to US automakers throughout the years, and...
Mexico promises infrastructure spending and claims the Tesla factory is still coming
A day after CEO Elon Musk stated he was wavering on the project, the state of Nuevo Leon in Mexico...
U.S. car strike has a $412 million impact on the Mexican economy
According to Armando Cortés, general director of the National Auto Parts Industry (INA), the impact of the automotive strike in...
Tesla shuts down its Mexico Gigafactory? This is how the rumor about Elon Musk leaving first surfaced.
The CEO of Tesla, Rohan Patel, refuted on X claims that the Nuevo Leon Gigafactory had been abandoned. Patel noted...
