Mexico reached a record share of the U.S. automotive import market in 2021, according to data from the Department of Commerce (DOC).
Mexico's automotive exports to its northern neighbor totaled 128.622 billion dollars in 2021, an increase of 13.9% at an annual rate.
The United States represents the largest automotive import market in the world and Mexico and Canada are among its main suppliers…
By: Ivet Rodríguez
The installation of Audi, BMW and Mercedes Benz-Infinit plants in Mexico is an opportunity to raise the level of automotive production in the country. However, on the road to premium quality, there are several challenges to overcome, such as the consolidation of a competitive supplier base.
Armando Bravo, Director of the Center for the Development of the Automotive…
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…
MEXICO CITY - In 2012, the production of machine tools, robots and automation systems for the manufacturing industry in Italy reached 4.93 billion euros, showing a growth of 3.5% compared to the previous year, reported the Italian association of machine tool producers UCIMU-SISTEMI PER PRODURRE.
This result was made possible by the good performance in exports, which grew by 12%, reaching 3.65…
MEXICO CITY - In 2012, the production of machine tools, robots and automation systems for the manufacturing industry in Italy reached 4.93 billion euros, showing a growth of 3.5% compared to the previous year, reported the Italian association of machine tool producers UCIMU-SISTEMI PER PRODURRE.
This result was made possible by the good performance in exports, which grew by 12%, reaching 3.65…