News

Sonora, one of the states most affected by the COVID-19

HERMOSILLO – Sonora was one of the states with the greatest negative impact on its economy due to the premature closure of industrial sector companies at the beginning of the health contingency by COVID-19, said Gerardo Vazquez Falcon, president...

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Germany seeks to invest more FDI in Nuevo Leon

NUEVO LEON – With an accumulated investment of US$35 billion in Mexico, German companies are looking for more presence in Mexican territory and Nuevo Leon may be one of their favorite destinations This is what Fritz Eisele Thurau, Honorary...

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Chihuahua's new car sales continue to decline

JUAREZ – New car sales in the state of Chihuahua continue to decline due to the COVID-19 pandemic The Mexican Association of Automotive Distributors (AMDA) announced that in September of this year the commercialization of light units...

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Christmas products manufacturing falls

JUAREZ – The economic uncertainty caused by the COVID-19 pandemic, which is being experienced worldwide, decreased the percentage of manufacturing orders in Ciudad Juarez’s factories related to the Christmas season According to Index data,...

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Business leaders gather to promote Tijuana-San Diego border region

SAN DIEGO — The Borderless Business Congress is gathering, virtually, in order to encourage and emphasize investment opportunities in the Tijuana-San Diego region Business leaders from both the US and Mexico believe the border is ripe with...

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Goya Foods to invest U$80 million in Texas expansion

BROOKSHIRE – Goya Foods, the largest Hispanic-owned food company in the United States, will invest US$80 million in an expansion of its manufacturing and distribution facility in Brookshire, TX   The expansion of the company’s...

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Texas unemployment rate rises to 8.3% in September

TEXAS – The Texas unemployment rate rose to 83% in September, surpassing the national unemployment rate of 79% and returning the state to the unemployment levels of the Great Recession, the Texas Workforce Commission said While the national...

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Railroad blockades affect trade relationship with the U.S.

CHIHUAHUA – The railroad blockades in Chihuahua and Michoacan are acts that affect the credibility and commercial relationship with North America, Mexico's economy and investments in the country, said the National Association of Importers and...

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North American Automotive Industry Forecasts and Trends

GlobalAutoIndustrycom’s latest Audio Interview “ North American Automotive Industry Forecasts and Trends”features Haig Stoddard Mr Stoddard is Senior Industry Analyst – Markets, with Wards Intelligence, and has followed the auto industry...

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State commission approves power plant in El Paso

EL PASO, TX – A project to build a new gas-fired power generation unit, which would be extracted using the fracking technique, continues to move forward in El Paso The Public Utility Commission of Texas (PUCT) approved in Austin, TX, El Paso...

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