The Ministry of Sustainable Development (SEDESU) reports that, according to information from the National Institute of Statistics and Geography (INEGI), during 2022 the manufacturing industry accumulated a total of 465 thousand 351 million pesos, a figure that represents an increase of 14.2 percent, compared to what was obtained in 2021.
The manufacture of transportation equipment was the…
Despite the crisis generated by the COVID-19 pandemic, the shortage of components and microprocessors for vehicle production, Mexico continues to offer competitive advantages compared to other countries, in addition to being one of the main manufacturing hubs worldwide, said Francisco Bautista, Ernst & Young (EY) Latin America North Advanced Manufacturing and Mobility Lead Partner.
During…
The country's capital was the main consumer of hybrid and electric vehicles in Mexico at the end of 2021, since of the 47,079 units sold with these technologies in the January-December period last year, 23.5% were sold in the CDMX, according to figures published by the Mexican Association of the Automotive Industry (AMIA).
Based on the Administrative Registry of the Automotive Industry of Light…
Querétaro, Querétaro, January 31, 2022. Marco Antonio del Prete Tercero, head of the Secretariat of Sustainable Development of Queretaro, informed during a meeting with members of the organization EO Queretaro, that Queretaro has been able to attract 4 new projects with an investment of 528 million pesos that will generate 1,470 sources of employment.
In addition to these projects already…
The northern region (Chihuahua, Coahuila, Durango, Nuevo Leon and Zacatecas) was the area with the second largest number of projects and the first in cumulative investment amount, with US$2,456.6 million (+65.59% vs. 2020), mainly concentrated in the state of Coahuila, which received the largest investment in 2021 with the announcement by General Motors to transform its Ramos Arizpe complex into…
After commenting that in the last 10 years Mexico has worked on market diversification and that as a result South America, Brazil, Argentina and Colombia represent the second most important market for the automotive sector, after the United States, the Executive President of the National Auto Parts Industry (INA), Óscar Albín Santos referred to this state, which, he said, is attractive for…