Contreras will emphasize the importance of close monitoring in sectors such as metals, food, wood, non-ferrous metals, computers, vehicles, and auto parts. Contreras reaffirmed that the trade agreement remains beneficial and will continue under a more regionalized approach. He also highlighted that Mexico ended 2024 as the world’s 10th largest exporter, with USD 617.1 billion in exports and USD 37 billion in foreign investment, stressing the va...

News  Updated at: 2025/05/23

Nissan planning to manufacture new model in Mexico On May 21, Verenisse Ruíz Sánchez, head of the CATEM union of Nissan Aguascalientes, confirmed that Nissan's A2 plant in Mexico is preparing to add a second vehicle to its production line. Ruíz Sánchez emphasized there have been no layoffs and production targets remain stable. She stated the plant is ready to begin manufacturing a new model, pending final marketing and commercial decisions. W...

News  Updated at: 2025/05/23

Ford Mustang Mach-E production unaffected by Trump tariffs Production of the Ford Mustang Mach-E, though it is assembled in Cuautitlan, Mexico, has not yet been affected by the 25% tariffs imposed by U.S. President Trump as sales in the U.S. have not slowed and those in Europe have picked up. The 2025 Ford Mustang Mach-E has received price increases ranging from USD 1,500 for base Select Standard Range models to USD 2,500 for Select Extended Rang...

News  Updated at: 2025/05/23

15.5 million Series A-1 funding round led by Monte’s Fam and USD 15 million venture loan facility provided by Horizon Technology Finance Corporation, totaling USD 30.5 million. SparkCharge will use the funding to expand its mobile, off-grid, and scalable EV charging services throughout the U.S., Mexico, and Canada. Launched in 2017, SparkCharge provides mobile EV charging solutions to customers including automotive OEMs, delivery services, eve...

News  Updated at: 2025/05/23

HR-V is available with Real Time All-Wheel Drive (AWD) with Intelligent Control starting at USD 27,700. The enhanced appearance of the 2026 HR-V features sharp new wheel designs on all three trims, as well as enhancements including privacy glass and new colors. The Honda HR-V is produced in Celaya, Mexico. (Honda release on May 21, 2025)...

News  Updated at: 2025/05/22

Neuce starts construction of new plant in Mexico On May 15, it was announced that Neuce started construction of a new powder coatings plant in Tlaxcala, Mexico thanks to a MXN 600 million investment. The facility, located in the Fidecix I Industrial Park, will focus on producing environmentally friendly powder paints, especially for the automotive sector. The plant is expected to generate over 270 direct jobs during its construction and operation...

News  Updated at: 2025/05/21

Nissan clears rumors about closing plants in Mexico On May 18, Nissan Mexicana issued a press release addressing rumors about the closure of two of its plants in the country. Nissan stated that these rumors are purely speculative and not based on official information. The company also emphasized the consolidation of production for the Nissan Frontier/Nissan Navara pickup trucks in Argentina to the CIVAC plant in Mexico. “We are committed to mai...

News  Updated at: 2025/05/20

Knipping Automotive inaugurates third facility in Mexico On May 16, it was reported that German company Knipping Automotive inaugurated its third facility in Huamantla, Tlaxcala. This inauguration is part of an expansion involving nearly MXN 350 million and the creation of 150 formal jobs. The plant specializes in high-performance plastic solutions for the automotive industry. During the event, Governor Lorena Cuéllar emphasized Tlaxcala’s app...

News  Updated at: 2025/05/20

Ford introduces 2025 Mustang Mach-E in Mexico On May 19, it was reported that Ford introduced the 2025 Mustang Mach-E in Mexico, showcasing notable upgrades in performance, design, technology, and charging options. The high-performance electric SUV now features GT and Rally versions that deliver up to 700 lb-ft of torque, allowing it to accelerate from 0 to 100 km/h in just 3.4 seconds. With 480 hp and an extended-range battery, it offers up to 4...

News  Updated at: 2025/05/20

market leaves it uniquely exposed to President Trump’s 25% auto import tariffs. Until April’s tariffs, cars sold between the U.S. and South Korea were untaxed under a bilateral free trade agreement, and the Chevrolet Trax had been South Korea’s most-exported car since 2023. With factories in Mexico and Canada, as well as Korea, GM currently imports around half of the cars that it sells in the U.S. from its factories elsewhere. Kim Woong-he...

News  Updated at: 2025/05/20

under discussion. If Nissan closes any of the assembly plants in Japan, it will be the first such closure since the discontinuation of vehicle production at the Murayama plant (Musashimurayama City, Tokyo) in 2001. Overseas, Nissan is reportedly considering adding its two plants in South Africa and Mexico to the list of possible closure targets. Nissan already announced plans to discontinue outsourcing production at Renault SA’s Argentina plant...

News  Updated at: 2025/05/19

tariffs on its adjusted operating profit will be JPY 45 billion and JPY 20 billion, respectively. Bridgestone plans to compensate the direct impact by gradually transferring production to its plants in the U.S. from Japan and other countries. The company will also utilize its existing facilities in Mexico and Canada to boost production, and consider price revisions. On the other hand, it will continue exporting premium tires to the U.S. from Japa...

News  Updated at: 2025/05/19

rtnership, in place for two years, ensures Nissan receives CO2-free energy to support its sustainability goals. Marco Rivera, the company’s environment, and energy manager emphasized the environmental benefits and confirmed that all legal arrangements for the contract have been properly settled. (Mexico Now on May 13, 2025)...

News  Updated at: 2025/05/17

Nissan studies bringing Sentra production to U.S. from Mexico Nissan is facing a challenging moment with plans to cut 20,000 jobs, close seven factories, and reduce the number of vehicle platforms it uses. Amid these sweeping changes, Nissan is reportedly considering moving production of its popular Sentra sedan, that accounts for about 20% of its U.S. sales, from Aguascalientes, Mexico to the U.S. in an effort to avoid the 25% tariff on imported...

News  Updated at: 2025/05/17

Kingfa to invest USD 84 million for new facility in Mexico On May 13, it was reported that Chinese company Kingfa is planning to invest USD 84 million to expand its operations in Villa de Reyes, San Luis Potosí, Mexico. The project includes the construction of a manufacturing, R&D, and warehousing complex on a 15-hectare site in the Logistik III Industrial Park, with USD 15 million allocated for land acquisition. Kingfa, a global leader in plast...

News  Updated at: 2025/05/16

INA reports 92% of Mexican auto parts comply with USMCA rules On May 12, Gabriel Padilla, Director General of the National Auto Parts Industry (INA), reported that 92% of auto parts produced in Mexico meet USMCA requirements and are exempt from tariffs. The remaining 8% face an average tariff of 27% when exporting to the U.S. A small portion of companies, due to their import reliance, continue to pay a 25% tariff in addition to the Most Favored N...

News  Updated at: 2025/05/16

mean that production is being shifted from Canada to the United States.” Honda did not immediately say whether all the CR-Vs shifted to Alliston will be sold in Canada or be exported to other non-U.S. markets. Honda, which sources about a third of its U.S. vehicles from plants in tariff-targeted Mexico and Canada and a smaller volume from the home market of Japan, says it is devising countermeasures due to the 25% auto tariffs implemented by U...

News  Updated at: 2025/05/16

TATA AutoComp, India and Katcon announce JV in Mexico for sheet moulded composite On May 15, TATA AutoComp Systems Ltd and Katcon announced a new joint venture in Mexico to manufacture Sheet Moulded Composites (SMC), with a focus on serving the North American market. The venture will specialize in lightweight applications for commercial vehicles, agricultural tractors, off-road vehicles, and specialized non-automotive segments.  In this new vent...

News  Updated at: 2025/05/15

ed in a recent interview if he expects the Trump tariffs to remain in place permanently. “We do, at least for the next three years,” Farley said, noting that the company is doing everything it can to mitigate them.  When asked specifically if Ford is considering moving Maverick production from Mexico to the U.S., Farley said “Anything’s on the table, we’re building two new plants in the U.S. as we speak. The Maverick is our fastest tur...

News  Updated at: 2025/05/15

Mexican auto parts decrease production value by 10.5% by February 2025 On May 12, it was reported that Mexico's auto parts industry recorded a production value of USD 18.4 billion in the first two months of 2025, a 10.5% year-on-year decrease. This drop is attributed to reduced vehicle production and sales in the U.S., Mexico’s main automotive trade partner. A rebound is expected starting in March, tied to projected U.S. demand recovery. Electr...

News  Updated at: 2025/05/14