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…

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…

MEXICO CITY, June 21 - Recent investments announced by companies in the automotive industry such as Honda, Mazda and Audi have been joined by others in the heavy vehicle sector seeking to increase production in Mexico, as is the case of Daimler Trucks, the truck division of the German corporation that owns brands such as Frightliner and Mercedes Benz. Before the end of this year, Daimler Trucks…