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…

The Italian Trade Agency, together with the Piedmont Agency for Investments, Export and Tourism conducted its first combined Italian automotive supplier tour of the Midwest, March 9 - 16, 2016.   This tour was to provide a unique opportunity to a selected number of prestigious Italian manufacturers and suppliers to the automotive industry to have a better understanding of the needs of US…

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…