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The Mexican automotive industry with growth opportunities, despite the chips shortage

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Despite the crisis generated by the COVID-19 pandemic, the shortage of components and microprocessors for vehicle production, Mexico continues to offer competitive advantages compared to other countries, in addition to being one of the main manufacturing hubs worldwide, said Francisco Bautista, Ernst & Young (EY) Latin America North Advanced Manufacturing and Mobility Lead Partner. During the press conference on the "Perspective of the Automotive Industry in Mexico", the specialist said that 27% of the GDP comes from advanced manufacturing, 90% of the manufacturing industry represents

Mexico is the world's fourth largest auto parts manufacturer

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At the end of 2021, Mexico was positioned as the fourth largest auto parts manufacturer in the world, according to information from the National Auto Parts Industry ( INA). Our country invoiced more than 94 million dollars in parts. Fourth largest auto parts manufacturer worldwide during 2021, according to the National Auto Parts Industry (INA). During this period, Mexico invoiced 94.778 billion dollars while Germany invoiced 87.224 billion dollars, which places Mexico above Germany. This increase is due to the fact that with the trade agreement between Mexico, the United States and Canada (T

MEXICO: THE 2022 EDITION OF THE PLASTIMAGEN TRADE FAIR KICKS OFF IN MEXICO CITY

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Plastimagen Mexico 2022 was inaugurated with the presence of industry representatives from 23 countries. The exhibition is the largest trade fair in Latin America, the first event of the sector worldwide and is among the five most important in the world. Plastimagen 2022 has more than 480 companies from 23 countries and 1,000 brands, with 34,000 square meters and 679 tons of machinery on display. Plastimagen has 13 international pavilions with the presence of 23 countries: Italy, Germany, Austria, Brazil, Canada, Colombia, Costa Rica, Czechoslovakia, China, Denmark, Spain, United States

Mexico strengthened its automotive leadership in the U.S. in 2021

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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. Foreign purchases by the U.S. automotive industry from around the world totaled 348.347 billion dollars in 2021, an 11.8% year-over-year increase. With this, Mexico's market share was 36.9%, its all

EXPOMAQ 2022

EXPOMAQ which will be held from June 22th to 24th, 2022 at the Polifórum Leónfair ground in Guanajuato is one of Mexico’s most prominent trade shows for machine tools, automation and manufacturing technology. The organisers expect more than 10,000 industry professionals to attend the event which boasts 280 exhibitors, 18,000sm of floor space and 1,000 international brands from around the world including Brazil, Canada, China, Korea, Germany, Japan, Great Britain, India, Italy, Spain, United States. Machines Italia and the Italian Trade Commission - ITA’s Mexico City office will be attending

MCE Expocomfort 2022

The Italian Trade Commission - ITA Canada and US network in partnership with ANIMA, the confederation of associations representing Italy’s mechanical industry, is organizing a delegation to MCE Expocomfort which will take place in Milan, Italy from March 8 to 11, 2022. MCE is one of the world’s largest conferences and trade shows for industrial and commercial HVAC, plumbing, refrigeration, renewable energy, cogeneration technology and much more. More than 160 thousand visitors, from 54 countries and 2,500 exhibitors usually attend the biennial trade event in Milano, Italy. Machines Italia and

Nortek Joins Nice S.p.a.’s Family

Nice S.p.a., an Italian manufacturer of smart home, security and building automation solutions, Tuesday announced the acquisition of Nortek Security & Control from Melrose Industries. The deal is valued at US$285 million and is Nice’s largest investment to date. Nice is based in Italy, with global operations including the U.S. and Canada. The acquisition is expected to significantly expand Nice’s presence in the North American market and double its R&D capacity. Nortek brands include 2GIG, ELAN, Linear, MightyMule, Proficient, SpeakerCraft, Gefen, Xantech, Panamax, Furman, numera, and

New VP At SCM Group Canada

Lauro Dominici has taken over the helm of SCM Group Canada as Vice President of sales for the wood division following the retirement of woodworking industry veteran Richard Bluteau on Nov. 1. Dominici joined SCM in Canada earlier this year following two years with SCM in Portland, Oregon and Atlanta, Georgia. Dominici brings some 14 years of industry experience to the job. Born and raised in Italy, Dominici was first exposed to the industry through his father who worked for a large machine manufacturer there. In 2008, after school, he joined his father and started to work for that company as a

MCE Expocomfort 2022 Contest….And The Winner Is

On November 30th 2021, Machines Italia and the Italian Trade Commission, together with media partner Plumbing & HVAC Magazine, hosted a web conference to launch MCE - Mostra Convegno Expocomfort 2022 in North America. MCE - Mostra Convegno Expocomfort 2022 is one of the world's largest trade events for industrial, commercial plumbing and water treatment solutions, HVAC, refrigeration, renewable energy, smart technology and more. Around 2,400 companies and 160,000 visitors are expected to attend the 2022 edition of the show which will be held in Milan, Italy, from March 8th to 11th, (2022) at

BIAT 2021: Lucky N. 7

BIAT - Innovation and High Technology Lab, funded under the Cohesion Action Plan of Italy’s Economic Development Ministry, is an initiative designed to support Southern Italian startups to find partners and investors abroad. The event is organised by the Italian Trade Commission - ITA in collaboration with key Regional Governments: Abruzzo, Molise, Sardinia, Basilicata, Campania, Calabria, Apulia and Sicily. The focus sectors include medical, health and biotechnology, green economy (circular economy, renewable energy, environment), ICT, aerospace, innovative materials, nanotechnologies