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…
According to INEGI figures, in 2021, Mexico produced a total of 2,979,276 light vehicles and according to forecasts from various firms and statistical sites such as IHS Markit and Statista, in 2022 production could increase to between 3.1 and 3.4 million units, depending on market movement and the development of the global semiconductor supply crisis, which is still expected to continue…
February was a month of mixed results for the automotive industry, on the one hand, with an increase in domestic production, but also a continued drop in exports, Inegi reported on Friday.
In the second month of the year, 240,479 vehicles were manufactured in the country, which represented an increase of only 0.66 percent with respect to the same period last year, thus reversing a seven-month…
A center for industrial innovation in design and digital manufacturing for the Bajío aerospace sector (CIIA) was inaugurated on Tuesday in Aguascalientes, Mexico, to boost aeronautics companies in that country.
The project involves the Government of the State of Aguascalientes, private companies and the Instituto Tecnológico de Aguascalientes on behalf of the academic sector.
The new center…
With 62 projects and 1,093.17 million dollars in investments, the Bajío region (Aguascalientes, Guanajuato, Querétaro and San Luis Potosí) continues to be the automotive zone with the greatest movement and dynamism in the country. In 2021, the Bajío recovered 17,643 jobs and accumulated more than 2.8 million square meters of construction of automotive plants and new industrial park projects for…
The most recent report from Directorio Automotriz detailed that Guanajuato attracted more than 26 projects for new plants or expansions, making it the state that attracted the most investment in the automotive sector in all of Mexico during 2021.
The report details that during the 4Q of 2021, 21 investment projects were received in the sector, coming from 10 countries. Of these, 8 correspond to…
EXPOMAQ which will be held from June 22th to 24th, 2022 at the Polifórum Leónfair ground in Guanajuato is one of Mexico’s most prominent trade shows for machine tools, automation and manufacturing technology.
The organisers expect more than 10,000 industry professionals to attend the event which boasts 280 exhibitors, 18,000sm of floor space and 1,000 international brands from around the…
messico [at] ice.it">A collaboration agreement between CICEG, the Chamber of the Footwear Industry of the State of Guanajuato, and ASSOMAC, the Italian National Association of Manufacturers of Footwear, Leather Goods and Tanning Technologies, has been brokered by the Italian Trade Agency Mexico City office.
Once formally ratified, the agreement will give CICEG members…
Pirelli recently unveiled its plan to invest USD $200 million to build a new car tire manufacturing facility in Silao, Guanajuato, Mexico. The announcement came only four years after the inauguration of another Pirelli factory in the ‘Puerto Interior’ industrial park in Silao and coincided with the visit to Mexico of Italy’s Prime Minister, Matteo Renzi and meeting with Mexican President, Enrique…
The Japanese automaker Honda announced Thursday that it will invest $470million dollars to build its fourth plant in Mexico, which will be located in Celaya, Guanajuato, and will specialize in the production of transmissions.
Tetsuo Iwamura, executive vice president of Honda Motor, said the new factory will generate 1,500 direct jobs and will start operations in the second half of 2015.
Last year…