In Mexico, spending by companies on capital goods and infrastructure grew 4.6% at an annual rate in January, above analysts' forecasts, which could be stimulated in February and March due to the lower cost of imported machinery as a result of a strong exchange rate. Alejandro Cervantes, an analyst at Banorte-Ixe, stated that " investment in machinery and equipment will most likely present a…

He assured that although "not all Mexican plastic companies will be able to immediately access the automotive supply market, the benefit will be gradual". Last year alone the demand for auto parts of this material increased, so the market reported a growth level of about 10% compared to 2011, coupled with the fact that Mexican manufacturing plants offer better quality products worldwide with…

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…