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…
In the first quarter 2022, the index of machine tool orders processed by the Economic Studies Department & Business Culture of UCIMU-SISTEMI PER PRODURRE marked a slight decrease (-3%) compared with the period January-March 2021. The absolute value of the index stood at 164 (base year 100 in 2015). The outcome was due to the reduction in the collection of orders in the domestic market, which…
The automotive industry in Guanajuato foresees significant challenges in light of the ongoing war between Russia and Ukraine, including the search for new supplies of scrap metal, electronic components for seats and for international companies in the sector to adapt to the new policies of their countries of origin, in order to show solidarity with the invaded country, commented Rolando Alaniz…
Mexican gross fixed investment grew by 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…
Market Overview, Key Trends Market Dynamics:
The market would gain significant growth rate during the forecast period, reaching a substantial market size by 2022. The market has been analyzed considering the various factors including market drivers, restraints, opportunities, key competition landscape, trend analysis, outlook, estimating and forecasting factors. The impact of COVID -19 could be…
However, we do not recommend you to choose construction machinery only because of the prices, you should also take into account some aspects that go beyond and are important:
Choose a service that guarantees the availability of the machinery
According to the location and coverage of the supplier. It is advisable to choose a company that guarantees the delivery of the machinery in…
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…
The country's capital was the main consumer of hybrid and electric vehicles in Mexico at the end of 2021, since of the 47,079 units sold with these technologies in the January-December period last year, 23.5% were sold in the CDMX, according to figures published by the Mexican Association of the Automotive Industry (AMIA).
Based on the Administrative Registry of the Automotive Industry of Light…
He commented that these industries include food, commercial and metal mechanics, among others, which, if their investment in this site is completed, could create between 1,500 and 2,000 direct jobs.
He commented that there is no investment average for these industries, given that they depend on the line of business and the size that their plants require to operate, but minimally they could be…
Researchers at ENEA - the Italian national agency for new technologies - have patented Bioaermac, an innovative insulating material for construction with multiple potentialities and characteristics that allow it to be exploited in other sectors as well.
Bioaermac.
In addition to having achieved high levels of thermal and acoustic insulation, resistance to fire and mechanical stimuli, the new…