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Faurecia inaugurates new plant in Nuevo León

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The plant of more than 33,500 square meters will employ approximately 1,500 people and will manufacture automotive seating structures, instrument panels and center consoles. The new facility features bioclimatic principles to optimize energy efficiency, which will further the Group's commitment to achieve carbon neutrality by 2045. The 33,500-square-meter plant will employ approximately 1,500 people and manufacture automotive seating structures, instrument panels and center consoles, aligned with industry megatrends in sustainability and the use of lightweight materials. In addition to

Brembo: USA-Mexico-Canada Sales +49.8%

The Italian company Brembo - present in Mexico with production plants in Puebla, Apodaca and Escobedo - closed the first half of the year with a net profit of 148.9 million euros, 17.3% higher compared to the same period last year. Revenues amounted to €1.75 billion, an increase of 28.3% compared to the first half of 2021. Earnings before interest, taxes, depreciation and amortization (Ebitda) amounted to 305.3 million, a net increase of 13% compared to 270.2 million in H1 2021. The level of orders for the coming months "confirms a solid and good saturation of production capacity globally

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 City was the leading consumer of hybrid and electric cars in 2021

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The country's capital was the main consumer of hybrid and electric vehicles in Mexico at the end of 2021, since of the 47,079 units sold with these technologies in the January-December period last year, 23.5% were sold in the CDMX, according to figures published by the Mexican Association of the Automotive Industry (AMIA). Based on the Administrative Registry of the Automotive Industry of Light Vehicles (RAIAVL) published by the National Institute of Statistics and Geography (INEGI), it indicates that the cumulative sales of hybrid and electric vehicles at the end of 2021 grew 92.9% in the

which assemblers in Mexico can increase their production in the coming years?

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According to INEGI figures, in 2021, Mexico produced a total of 2,979,276 light vehicles and according to forecasts from various firms and statistical sites such as IHS Markit and Statista, in 2022 production could increase to between 3.1 and 3.4 million units, depending on market movement and the development of the global semiconductor supply crisis, which is still expected to continue throughout this year and into 2023, albeit in a more controlled manner. Currently, there are more than 2.2 million automobiles in Mexico that are not being produced.This amount corresponds to the number of

Automotive production rises in February, but exports drop

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February was a month of mixed results for the automotive industry, on the one hand, with an increase in domestic production, but also a continued drop in exports, Inegi reported on Friday. In the second month of the year, 240,479 vehicles were manufactured in the country, which represented an increase of only 0.66 percent with respect to the same period last year, thus reversing a seven-month trend of annual contractions. However, Mexican car shipments abroad totaled 201,868 units, which represented a 5.66% contraction, adding eight consecutive months of annual rate declines. In its monthly

Italian Technology Award Programs in Mexico

The Italian Trade Agency Office in Mexico City hands out the Italian Plastic Technology Award and the Italian Packaging Technology Award. The project aims to create a link between graduates and undergraduates in engineering programs at leading Mexican universities, and to increase their awareness of leading technology and solutions available in Italian plastics and packaging machinery. Each award had been organized alongside its respective Italian industry association: ASSOCOMAPLAST (the Italian Plastics and Rubber Processing Machinery and Moulds Manufacturers’ Association, www.assocomaplast

Audi, BMW and Mercedes seek suppliers in Mexico

By: Ivet Rodríguez The installation of Audi, BMW and Mercedes Benz-Infinit plants in Mexico is an opportunity to raise the level of automotive production in the country. However, on the road to premium quality, there are several challenges to overcome, such as the consolidation of a competitive supplier base. Armando Bravo, Director of the Center for the Development of the Automotive Industry in Mexico (Cediam), believes that in the start-up phase of their plants, these companies - with the exception of BMW, which already has a base of 64 suppliers in the country - will be supplied by imports

Inauguracion Centro Tecnológico

On October 17, the awaited inauguration of the Plastic Technology Center will take place, kicking off the week of Italy in Puebla