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components | vehicles | Mexico | manufacturing | world | industry | Automotive | GDP | value | jobs
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…
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Mexico | SE | manufacturer | automotive parts | world | industry | national | INA | dollars | parts
At the end of 2021, Mexico was positioned as the fourth largest auto parts manufacturer in the world, according to information from the National Auto Parts Industry (INA). Our country invoiced more than 94 million dollars in parts. Fourth largest auto parts manufacturer worldwide during 2021, according to the National Auto Parts Industry (INA). During this period, Mexico invoiced 94.778 billion…
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investment | dollars | plant | operations | Mexico | project | coahuila | jobs | governor | components
With an investment of more than US$17 million, the new Magneti Marelli plant started operations in Ramos Arizpe, Mexico. These structures, the fourth project installed by the company in the northern state of Coahuila, will generate 250 jobs. During the inauguration ceremony, Governor Miguel Ángel Riquelme pointed out that the new plant dedicated to the production of components for the…
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SE | fair | Plastimagen | Mexico | industry | exhibition | America | world | world | companies
Plastimagen Mexico 2022 was inaugurated with the presence of industry representatives from 23 countries. The exhibition is the largest trade fair in Latin America, the first event of the sector worldwide and is among the five most important in the world. Plastimagen 2022 has more than 480 companies from 23 countries and 1,000 brands, with 34,000 square meters and 679 tons of machinery on display…
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ICE | collaboration | Confindustria | companies | italian | chain | supply | fair | center | Mexico
ICE-Agenzia, in collaboration with Confindustria Marmomacchine, is organizing the participation in the collective of Italian companies active in the marble and techno-marble supply chain at Expo Cihac 2022, scheduled for October 12-14, 2022 at the Centro Citibanamex in Mexico City. ICE is an Italian state agency that operates in support of Italy's exports and investments worldwide, in addition…
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Mexico | market | imports | automotive | trade | exports | dollars | increase | world | Canada
Mexico reached a record share of the U.S. automotive import market in 2021, according to data from the Department of Commerce (DOC). Mexico's automotive exports to its northern neighbor totaled 128.622 billion dollars in 2021, an increase of 13.9% at an annual rate. The United States represents the largest automotive import market in the world and Mexico and Canada are among its main suppliers…
Manufacturers from all over the world exhibit their latest models at the International Aircraft Business Fair. Mexico currently ranks first in aeronautical manufacturing investment in the world, which makes it the sector of greatest interest for investment in the country, said researcher Monica Casalet. Hence the need to continue developing public policies that encourage the growth of…
The aerospace industry in Mexico has positioned itself in recent years as a strategic cluster for the country's economic development, currently operating in the country 267 companies that employ 34,000 workers in the manufacturing productive sector, located in 18 states. In an interview with Mexican Business Web, Carlos J. Bello, general director of the Mexican Federation of Aerospace Industry(…