Tesla to Open Major Plant in Nuevo León
The Mexico plant, an investment that could be worth up to $10 billion, will be Tesla’s third assembly plant outside of the United States
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Mexican Auto Production, Exports Down in August
XINHUA Vehicle production in Mexico fell by 13.15 percent in August compared to the same period last year, while exports fell 8.59 percent in the same period year-on-year, the National Institute of Statistics and Geography (Inegi) reported on Friday, Sept. 4. According to the Inegi, Mexico manufactured 293,463 vehicles in August of this year, with 257,610 destined for foreign markets.
Read moreMexico News Roundup
By RICARDO CASTILLO Alfaro’s Political Ambitions Squelched Up until last week, Jalisco Governor Enrique Alfaro had been looking a lot like a 2024 presidential hopeful. But then all hell broke loose on his would-be candidacy. It all started with the arrest and apparent murder of a 30-year-old construction worker named Giovanni López at the hands of municipal police in Ixltahuacán
Read moreMexican Auto Sales Hit Five-Year Low
XINHUA Mexico’s light vehicle sales fell to a five-year low in 2019, after tumbling 7.7 percent compared to the previous year, the country’s National Institute of Geography and Statistics (Inegi) said Tuesday, Jan. 7. In 2019, the industry sold a total of 1,317,727 units compared to 1,426,926 units in 2018. According to the Inegi, these figures are the worst for
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