Mexico

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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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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