Mexico

Asia-Pacific grabs bigger share of 2014 global vehicle output

2:55 pm U.S. ET | April 7, 2015

The Asia-Pacific region was the center of vehicle production again in 2014, accounting for more than half of global output, and is expected to keep grabbing a larger slice. The North American market also improved, with Mexico output jumping 10 percent....
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China gets the lion’s share of vehicle production capacity investments in 2014

7:00 pm U.S. ET | April 7, 2015

China once again captured the bulk of global investments in new or expanded vehicle production capacity last year, winning more than half of the auto industry’s total outlays earmarked to add or expand output....
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Toyota to end expansion freeze, invest $1.3B in new Mexico, China plants, reports say

7:34 am U.S. ET | April 3, 2015

Toyota plans to spend about $1.3 billion to build two new car plants in Mexico and China, two people familiar with plans told Reuters, ending a three-year freeze imposed after unchecked growth lumbered the world's biggest auto maker with too many idle production lines....
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Kia to build Forte compact and a small car at Mexico plant

9:53 pm U.S. ET | March 25, 2015

Kia Motors plans to make its Forte compact and an unidentified small car targeted at the local market at its planned factory in Mexico....
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GM to build next-generation Chevrolet Cruze in Mexico

5:06 pm U.S. ET | March 23, 2015

GM will build its next-generation Chevrolet Cruze small car in Mexico. The company plans to invest $350 million to produce the redesigned compact sedan at its factory in Ramos Arizpe as part of a $5 billion investment in Mexican plants announced last year....
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Toyota may approve first Mexico car plant in weeks, reports say

7:56 am U.S. ET | March 23, 2015

Toyota is finalizing plans for its first passenger-car assembly plant in Mexico that could be approved by its board as early as next month, according to three people with knowledge of the matter....
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Magna plans $135 million exterior parts plant in Mexico

3:37 pm U.S. ET | March 18, 2015

Magna International plans a $135 million plant in Queretaro, Mexico, to produce molded and painted exterior parts such as fascias and rocker panels....
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VW plans $1 billion expansion of Mexico plant to add Tiguan output

12:31 pm U.S. ET | March 9, 2015

VW will invest around $1 billion to expand its Puebla, Mexico, plant to produce a longer, redesigned Tiguan compact crossover. The investment will cover new high-technology assembly lines and will generate some 2,000 jobs. Tiguan output will begin in 2016, with the vehicle hitting the market the following year....
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VW plans $1 billion investment in Mexico to support Tiguan output, report says

6:31 pm U.S. ET | March 5, 2015

VW plans an investment worth around $1 billion in Mexico to expand its Puebla assembly plant, Reuters reported Thursday. The capital outlay, aimed at supporting production of the Tiguan compact crossover, is due to be unveiled on Monday and is expected to generate about 1,900 jobs....
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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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