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…

Contrary to other industries, the manufacture of plastic products in Mexico benefited from the pandemic, since it implied a greater use of containers. However, the ban on single-use plastics that Mexico City implemented two years ago continues to be the main problem, and to date there are no indicators as to whether it was really effective in reducing solid waste pollution, said Aldimir Torres,…

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…

The possibility of a new crisis in the automotive industry in Mexico, not only in Coahuila, was warned by Tereso Medina Ramírez, who pointed out that he does not want this to lead to the dismissal of workers, but that there could be technical stoppages as happened during the pandemic. The state leader of the CTM in Coahuila pointed out that the situation that could cause this new alarm in the…

The automotive industry in Queretaro expects to maintain the pace of investment by auto parts manufacturers, who, during 2021, exceeded the amount of investment recorded before the pandemic, anticipated Renato Villaseñor Mendoza, president of the Automotive Cluster of Queretaro. Data from the Ministry of Economy refer that, from January to September 2021, foreign direct investment in…

Mexican gross fixed investment grew 10% year-on-year in 2021 driven by the economic reactivation after passing the worst stage of the coronavirus pandemic, the National Institute of Statistics and Geography (Inegi) reported this Friday. Inegi indicated that this result was obtained due to a 16% increase in total machinery and equipment spending and a 5.6% increase in construction. Gross fixed…

In Mexico, the footwear industry in Guanajuato is emerging from the tunnel. Figures from the shoe district association of this Mexican state show that in January, companies in the sector hired 8,000 employees. That is exactly half of the jobs that were lost at the height of the pandemic. The trend is increasing. According to the management of this institution, the demand for labor from companies…

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…

Labrenta, a company from Breganze, in the province of Vicenza, specialized in closure solutions for the wine and spirits sector, closes 2021 with a total turnover of €20 million, doubling the previous year's result. The company's growth is linked to Labrenta's success in the American and European markets, especially Mexico, United Kingdom, Central Europe and +128% of sales recorded in the United…