News

MEOR to invest US$150 million in Mexico

MEXICO – Given that the country's entities are generating a climate of confidence for attracting capital, the MEOR Real Estate Investment Fund announced an investment of US$150 million in Mexico Jonathan Pomerantz, MEOR's Project Director,...

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Nuevo Leon ranks first in employment generation nationally

NUEVO LEON – According to the Mexican Social Security Institute (IMSS), 10,062 jobs were generated in Nuevo Leon in April, placing the state in first place nationally, while cumulative employment from April of last year to the same month of 2021...

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Grupo Mexico to invest US$3.1 billion in Sonora

SONORA – Grupo Mexico plans to invest US$31 billion for metal refining in the state of Sonora and electrical infrastructure for a key mine in the Baja California peninsula The six-year investment plan includes a US$23 billion expansion of...

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Chihuahua recovers jobs in March

CHIHUAHUA – In March 2021, a total of 481,786 insured workers were registered in Ciudad Juarez; while in February of this year there were 479,138, which means that there were 2,648 more workers in the first quarter (1Q) of the year According...

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Coahuila maintains leadership in the auto parts industry

COAHUILA – Coahuila remains as the leader in the auto parts production in the first two months of this year, producing 167% of vehicles According to the Director of Foreign Trade of the National Auto Parts Industry (INA), Alberto Bustamante,...

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Future Emissions Legislation – The Global Challenges and How to Achieve the New Targets

GlobalAutoIndustrycom’s latest Audio Interview “Future Emissions Legislation – The Global Challenges and How to Achieve the New Targets” features James Taylor Mr Taylor is Chief Engineer – Analysis, Development and Optimisation, with...

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Nuevo Leon ranked fourth in exports in 2020

MONTERREY – According to the National Institute of Statistics and Geography (INEGI), Nuevo Leon ranked fourth in annual exports by state last year, with US$344 billion dollars and a negative variation of -1567% with respect to 2019 “There...

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Ganfeng Lithium Ltd seeks to acquire 100% of Bacanora Lithium’s shares

SONORA – Chinese company Ganfeng Lithium Ltd, one of the largest lithium producers in the world, is interested in acquiring 100% of the shares of British company Bacanora Lithium, company that shares a project for the extraction of the mineral in...

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The new U.S. consulate in Hermosillo is almost done.

HERMOSILLO - The US Consulate General in Hermosillo celebrated the conclusion of a new stage in the construction of its new building in the city, where an official ceremony marked the moment when the highest point of the building was...

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GM to stop production in Mexico again

RAMOS ARIZPE - Once again, General Motors de México will stop the production of its vehicles in the country, due to the lack of semiconductors The company informed that the plant located in Ramos Arizpe, Coahuila, will have a technical stoppage...

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