Mexico

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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Toyoda pulls cord on new Mexico plant for now

12:01 am U.S. ET | Sept. 22, 2014

Toyota President Akio Toyoda put the brakes on a plan to build an assembly plant in Mexico....
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Toyota to boost Mexico truck plant capacity by 41%

8:50 pm U.S. ET | Sept. 17, 2014

As Toyota ponders its first full assembly plant in Mexico, it plans to boost capacity at its existing factory there almost 40 percent to feed demand for trucks....
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Toyota pauses on Mexico expansion to review growth strategy, report says

10:15 am U.S. ET | Sept. 16, 2014

Toyota is reconsidering a move to open a new compact car assembly plant in Mexico after company President Akio Toyoda told planners searching for a site to pause and review its rationale, executives familiar with the matter said....
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Toyota scouting Mexico for assembly plant, reports say

2:50 pm U.S. ET | Sept. 10, 2014

Toyota, the last of the world's major automakers without a full assembly plant in Mexico, is scouting the country for possible factory sites, two people with direct knowledge of the matter said....
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GM plans to move some Chevy Equinox assembly to Mexico, report says

6:30 am U.S. ET | Aug. 28, 2014

General Motors and the UAW on Wednesday trumpeted the news that production of the Cadillac SRX would be shifted from Mexico to Tennessee, but Reuters has learned that GM also plans to move some other assembly work in the opposite direction....
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Kia says it will build 'range' of small cars at new plant in Mexico

2:59 pm U.S. ET | Aug. 27, 2014

Kia plans to produce “a range” of small cars for markets including the United States at its $1 billion plant in Monterrey, Mexico, after production begins in the first half of 2016, the company said in a statement....
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Kia to unveil plans for assembly plant in Mexico, sources say

6:14 pm U.S. ET | Aug. 26, 2014

Kia will announce plans Wednesday to construct an assembly plant in Mexico, its first in the country, according to two sources with knowledge of the matter. The South Korean automaker will build the factory in the Monterrey area of northern Mexico, a senior automotive industry source in Mexico City told Automotive News....
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Mexico wants more Tier 2 suppliers

12:01 am U.S. ET | Aug. 18, 2014

Mexico's auto industry has launched a long-term effort to develop a national network of Tier 2 suppliers....
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Mexico wants more Tier 2 suppliers

11:00 am U.S. ET | Aug. 6, 2014

Mexico's auto industry has launched a long-term effort to develop a national network of Tier 2 suppliers. Tier 1 suppliers, the global giants that ship parts directly to automakers, are well represented in Mexico. But they import a lot of parts and raw materials that they need....
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Kia in talks to open $1.5 billion Mexico assembly plant, report says

6:52 pm U.S. ET | July 22, 2014

Kia is in talks with Mexico to open a new auto assembly plant worth at least $1.5 billion, officials from Nuevo Leon's state government told Reuters. The factory, which sources say will have an annual capacity of some 300,000 cars, would be built on the northeastern fringe of the city of Monterrey....
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THE SUPPLIER SPEAKS

American Axle's push to diversify drives growth

12:01 am U.S. ET | July 21, 2014

CEO David Dauch continues his father's quest to diversify American Axle & Manufacturing Inc....
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Mazda2 output begins in Japan

7:34 am U.S. ET | July 17, 2014

Mazda began manufacturing the next-generation Mazda2 subcompact in Japan today and unveiled the first pictures of the production model....
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Steel supplier Industrias missing out on Mexico's car boom

8:13 am U.S. ET | July 15, 2014

Industrias, Mexico's biggest maker of specialized steel used in car engines, is missing out on a surge in automobile production as competitors' increased output has lowered prices....
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More buzz about plants in Mexico

12:01 am U.S. ET | July 14, 2014

Recently, we toted up all of the announced and speculated Mexican production capacity due in the next few years and got to 1.5 million units — a nifty 50 percent increase over the roughly 3 million units built in Mexico in 2013....
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Infiniti compact sedan to come from Mexico

12:01 am U.S. ET | July 14, 2014

An Infiniti compact sedan will be the first vehicle produced at Daimler and Renault-Nissan's new plant in Aguascalientes, Mexico....
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Mexico projected to surpass Brazil as top Latin American vehicle producer

12:01 am U.S. ET | July 8, 2014

Mexico is poised to overtake Brazil as the top Latin American automobile producer for the first time in more than a decade as surging exports to the U.S. spur factory openings and record output....
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Chrysler to sell small cars from Mitsubishi in Mexico

12:01 am U.S. ET | July 7, 2014

Mitsubishi Motors will supply Chrysler with a Thailand-built compact sedan for sale in Mexico starting in November....
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'Made in Germany' loses more luster as BMW, Audi, M-B expand footprints

1:15 pm U.S. ET | July 4, 2014

“Made in Germany,” a hallmark of three of Europe's leading luxury automakers for years, is losing a little more of its exclusivity with BMW's decision to join rivals Audi and Mercedes and establish a manufacturing footprint in Mexico....
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BMW to invest $1 billion in new plant in Mexico, employ 1,500 workers

1:40 pm U.S. ET | July 3, 2014

BMW plans to spend $1 billion to build a plant in San Luis Potosi, Mexico, with capacity of about 150,000 units per year, the company said today. Start of production is planned for 2019, with a work force of about 1,500 employees, said Harald Krueger, BMW board member for production, in a statement. BMW did not disclose what models it will build at the plant....
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