Mexico

Weaker loonie no savior for Canada's ailing auto industry

9:06 pm U.S. ET | Feb. 17, 2015

A strong Canadian dollar has wounded the country's auto manufacturing sector over the last decade, but the currency's recent drop to a near six-year low is unlikely to spur a rush of new investment, senior industry executives say....
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EDITORIAL

Nissan's quest for share reshapes U.S. auto industry

12:01 am U.S. ET | Feb. 16, 2015

Nissan North America is shaking up the status quo by helping Mexican retailers purchase dealerships in U.S. markets with large Hispanic populations....
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Mexico auto output, exports rise in January

3:18 pm U.S. ET | Feb. 9, 2015

Mexico auto production and exports rose to record levels for the month of January, the Mexican Auto Industry Association said today, boosted by strong demand in the United States and Canada....
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Nissan brings in Mexican dealers

12:01 am U.S. ET | Feb. 9, 2015

Nissan is pulling out a secret weapon as it pushes for more market share in the U.S.: Mexican car dealers. Not U.S. car dealers of Mexican or Hispanic ancestry - but retailers from Mexico, who Nissan believes can electrify certain markets across the United States....
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U.S. auto exports hit record in 2014

3:02 pm U.S. ET | Feb. 6, 2015

U.S. exports of automotive parts and vehicles soared 4.5 percent to $159.5 billion in 2014, breaking a record for the fourth straight year....
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Mexico auto exports forecast to hit record in 2015

12:34 am U.S. ET | Feb. 6, 2015

Mexican vehicle exports are expected to rise to a record 2.9 million in 2015, with more than 70 percent of the cars and light trucks headed to the U.S., the Mexican Automobile Industry Association says. December exports alone were up 21 percent over the previous year, to 195,091....
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Hyundai Mobis to build $418 million parts factory in Mexico

6:29 am U.S. ET | Jan. 16, 2015

Hyundai Mobis, an automotive parts affiliate of Hyundai Motor and Kia Motors, said it has signed a deal to build a $417.71 million factory in Mexico to meet demand from the South Korean automakers....
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Mexico's light-vehicle output, exports hit record in 2014

8:29 pm U.S. ET | Jan. 8, 2015

Mexico's light-vehicle output in 2014 rose 10 percent from 2013 to a record 3.22 million units, while exports increased 9 percent to an all-time high of 2.64 million vehicles, a trade group said....
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Fiat Chrysler exports from Brazil to Mexico after more than 3 years

Dec. 15, 2014 21:36 CET

Fiat Chrysler has resumed exports from Brazil to Mexico after a more than three-year hiatus due to weak Brazilian demand and a more favorable exchange rate, Cledorvino Belini, chief executive officer in Latin America, said....
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GM to double Mexico production capacity, invest $3.6 billion in plants

2:22 pm U.S. ET | Dec. 11, 2014

General Motors plans to invest $3.6 billion in Mexico to double its production capacity at its plants around the country, officials said today....
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Mexico auto output up 11% in November

3:36 pm U.S. ET | Dec. 8, 2014

Mexico auto production increased 11 percent in November from the same month a year earlier to 284,816 units, the Mexican Auto Industry Association said today....
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Takata fixing lapses at Mexico airbag plant

6:33 am U.S. ET | Dec. 5, 2014

Takata said it will fix lapses identified by the Mexico government at the same airbag plant that Toyota prevented its own employees from visiting for unspecified safety concerns....
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Takata Mexico airbag plant inspection finds safety shortcomings

6:37 am U.S. ET | Dec. 3, 2014

Takata, the airbag supplier at the center of a recall crisis, was told by Mexico’s government to take 171 measures to improve health and safety at a plant tasked with making millions of replacement air bags....
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In Mexico, a booming auto industry but stalled living standards for workers

12:01 am U.S. ET | Nov. 28, 2014

Mexico’s booming automobile industry is generating more export dollars than oil, building more cars than Brazil and giving a job to Esmeralda Velazquez. What it isn’t doing is raising her living standards....
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BMW, Audi lead shift from mass-market to luxury car output in Mexico

Nov. 25, 2014 11:40 CET

Mexico's relationship with German car production began nearly 50 years ago with output of VW's mass-market Beetle. Now it's becoming a place where luxury BMW, Audi and Mercedes cars roll out of billion-dollar factories....
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Daimler, BMW cooperate on suppliers in Mexico

Nov. 18, 2014 10:17 CET

Daimler and BMW are working together to build a network of suppliers for their new factories in Mexico as both carmakers aim to take advantage of the country's tariff-free access to the U.S. market....
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Takata to hike inflator output at Mexico plant

5:15 pm U.S. ET | Nov. 13, 2014

Under heavy pressure to boost output of replacement inflators for airbags amid a recall crisis, Takata is preparing to build two new production lines at its plant in Monclova, Mexico. The company said the lines should start up in January -- a delay caused by the need to install and test new tooling....
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BMW, others bet on Brazil but benefits trail Mexico

Oct. 30, 2014 16:18 CET

BMW is among a group of carmakers investing in Brazil as a growing middle class fuels a surge in car sales, but high costs, poor infrastructure and few trade agreements mean Brazil can't compete with rival Mexico....
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'Un-Honda-like' problems plague new plant in Mexico

12:01 am U.S. ET | Oct. 27, 2014

Honda's new $800 million plant in Celaya, about 160 miles northwest of Mexico City, has been struggling to meet demand amid problems caused by a green labor force, language barriers and a rail system prone to delays and occasional thefts, according to dealers who have discussed the matter with Honda officials....
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Honda to take $53 million charge for recalls, including Fit

6:57 am U.S. ET | Oct. 27, 2014

Honda Motor Co. said it will book 5.7 billion yen ($53 million) in additional recall charges for vehicles, including the top-selling Fit compact car and the new Vezel SUV....
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Ford snubs bid to divert Mexico investment to Canada, union says

1:38 pm U.S. ET | Oct. 24, 2014

Ford has rejected a proposal to invest in engine plants in Windsor, Ontario, and decided to put the money in Mexico as the automaker originally planned, the head of Canada's autoworkers' union said....
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Toyota says potential Mexico plant still far from approval

4:05 pm U.S. ET | Oct. 22, 2014

Toyota, the last major carmaker without a high-volume assembly plant in Mexico, said the group assessing whether to build a factory there is far from getting clearance from top management....
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Federal-Mogul opens $15 million piston ring plant in Mexico

3:34 pm U.S. ET | Oct. 9, 2014

Federal-Mogul Holdings Corp. today opened a new piston ring manufacturing plant in Puebla, Mexico....
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Shiloh acquires stamping firm Radar Industries for $58 million

7:01 am U.S. ET | Oct. 7, 2014

Ohio's Shiloh Industries has acquired metal stamping supplier Radar Industries for nearly $58 million....
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Mexico auto output, exports rise in September

11:35 am U.S. ET | Oct. 6, 2014

Mexican auto production and exports rose in September compared with the same month last year, the Mexican Auto Industry Association said on Monday....
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Automotive News
Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
» Watch the Video
     
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