35% to effectively address the existing emergency.” The Canadian government maintains it continues to strengthen its border with the U.S., but that fentanyl seizures account for only 1% of illicit U.S. imports. The order, effective August 1, continues to exempt goods included in the United States-Mexico-Canada Agreement, leaving little changed for automotive imports, which is the bulk of cross-border trade covered by the USMCA agreement. Other ...

News  Updated at: 2025/08/02

Daimler Truck announces labor cuts in Saltillo, Mexico as market slumps On August 1, Daimler Truck announced a workforce reduction at its Saltillo, Coahuila, plant, which will involve the dismissal of 500 workers, in response to a significant drop in production levels and the current international market situation. Although the notice to unionized workers did not specify figures, the Coahuila government confirmed the magnitude of the cuts.  The ...

News  Updated at: 2025/08/02

Trump extends Mexico’s current tariff rates for 90 days On July 31, U.S. President Trump said he extended Mexico’s current tariff rates for 90 days to allow more time for trade negotiations with its southern neighbor. Trump had threatened to impose 30% tariffs on Mexico’s exports starting on August 1, saying President Claudia Sheinbaum’s government hadn’t done enough to help secure their shared border. “The complexities of a Deal with...

News  Updated at: 2025/08/01

Nissan aims to reduce its global production capacity from 3.5 million units (excluding China) to 2.5 million units. To achieve this, the company has announced the consolidation of production sites from 17 to 10. Of the 7 sites Nissan plans to reduce, 5 sites including the CIVAC Plant in Cuernavaca, Mexico have been announced by July 30. Based on Nissan press release on July 30, 2025  1 / 2 / 3...

News  Updated at: 2025/07/31

Georg Fischer AG to divest Casting Solutions’ automotive business to Nemak, Mexico On July 30, Georg Fischer AG (GF) signed an agreement to divest GF Casting Solutions’ automotive business to Nemak S.A.B. de C.V. Closing is expected to take place in the second half of 2025. The divestment will enable GF to focus on long-term growth and value-generating investments in Flow Solutions for Industry, Infrastructure, and Buildings. The transaction ...

News  Updated at: 2025/07/30

Nissan to end vehicle production at CIVAC plant in Mexico during FY2025 On July 30, Nissan Motor announced that it will consolidate vehicle production from the CIVAC Plant in Cuernavaca to the Aguascalientes Plant in Mexico during fiscal year 2025 (ending March 2026). This transition will centralize the manufacturing of both current and future models in Aguascalientes. Crurent models under production in CIVAC are NP300 and Frontier pickup trucks,...

News  Updated at: 2025/07/30

we take to strengthen our liquidity and provide additional financial flexibility," Thibodeau said. President Trump's recent trade deal with Japan that lowered tariffs on auto imports to 15% has raised concerns among GM, Ford and Stellantis which must still pay 25% tariffs on imports from Canada and Mexico, as well as from Korea and China. Ford had warned last quarter that it expects tariffs will cost it about USD 1.5 billion from its earnings bef...

News  Updated at: 2025/07/30

UTAS-NOVA invests MXN 930 million in automotive lighting plant in Aguascalientes, Mexico On July 22, Chinese company UTAS-NOVA Automotive Lighting Systems began the construction of its new MXN 930 million plant in the VESTA Industrial Park, south of the city of Aguascalientes, Mexico. The facility will generate more than 250 new jobs and will focus on the manufacture of exterior lighting systems for the global automotive industry. The complex wil...

News  Updated at: 2025/07/30

nd relevant as an investment location again, Müller added. Besides, the automotive supply chains, which have been distorted and restricted by the tariff dispute, should function again. Müller said that there is a need to find a solution for the previously interconnected North America – the USA, Mexico, and Canada – within the framework of the USMCA agreement, and this is particularly important for the supplier industry. Based on VDA press r...

News  Updated at: 2025/07/29

Volkswagen presents all-new Transporter Cargo Van in Mexico On July 17, Volkswagen Commercial Vehicles presented the completely new Transporter, in its Cargo Van version in Mexico. The seventh generation Transporter offers more space, greater towing capacity, greater efficiency and even more perfection. Volkswagen Commercial Vehicles retains the distinctive design of the Transporter, but adds a renewed front appearance with standard LED headlight...

News  Updated at: 2025/07/29

Jetour adds Soueast brand to its Mexico strategy The Jetour brand, owned by Chinese automaker Chery Holding Group, has turned to another subsidiary of the group to reconfigure its strategy and, to that end, has launched the Soueast division in Mexico, debuting with three models. S06 i-DM, a C segment hybrid SUV that offers a pure electric range of 114 km and a combined range of over 1,000 km on a full tank S07, a C segment SUV with a gasoline en...

News  Updated at: 2025/07/29

VW Brazil begins exports of Tera to 12 Latin American countries On July 23, Volkswagen announced that it has begun exports of the Tera SUVW from the plant in Taubaté, Brazil where it is produced. The Tera will begin shipments to Argentina, Aruba, Chile, Colombia, Costa Rica, Curacao, El Salvador, Guatemala, Honduras, Mexico, Paraguay and Uruguay. Tera exports are also already scheduled for Bolivia, Ecuador, Panama, Peru, the Dominican Republic a...

News  Updated at: 2025/07/26

U.S. OEMS call tariffs on their vehicles unfair On July 23, multiple media reported that the American Automotive Policy Council (AAPC), which represents GM, Ford, and Stellantis, on July 22 raised concerns about the new trade deal with Japan that cuts tariffs on auto imports from that country to 15% while leaving tariffs on imports from Canada and Mexico at 25%. Matt Blunt, who heads the AAPC, said they were still reviewing the agreement but “a...

News  Updated at: 2025/07/24

Nissan reported to close Civac, COMPAS plants in Mexico in next two years Nissan plans to close two plants in Mexico within the next two years, according to reports based on two people with knowledge of the matter. Nissan is expected to shut down its nearly 60-year-old Civac plant in Cuernavaca, the company’s first manufacturing operation outside Japan, no later than March 2027 at the end of Nissan’s fiscal year.  The Civac plant assembles t...

News  Updated at: 2025/07/22

Electricab introduces first electric taxis in Baja California in Mexico On July 16, it was reported that Mexicali introduced the first electric taxis in Baja California, Mexico, marking a significant step toward sustainable transportation in the state. The pilot phase includes four BYD Dolphin Mini 2026 units, which are zero-emission and energy efficient, specifically adapted to the region’s climatic conditions. The project, promoted by the com...

News  Updated at: 2025/07/19

ds on the Mexican Stock Exchange, achieving an oversubscription of 1.35 times. The issuance, coordinated with Scotiabank, BBVA, and Santander, is part of a MXN 10 billion program and reflects strong investor confidence in Daimler’s financial strategy and the outlook of the heavy vehicle sector in Mexico. Proceeds will support refinancing and working capital needs. The bond placement, rated AAA(mex) by Fitch Ratings, attracted significant intere...

News  Updated at: 2025/07/19

SMCA’s rules of origin and are tariff-free. The company exceeds the 75% regional content threshold required under the trade agreement, and its customers also avoid duties when exporting to the U.S. CEO Armando Tamez emphasized that neither Nemak nor its clients pay any tariffs on products made in Mexico. While the U.S. government under President Donald J. Trump has imposed a 25% tariff on auto imports and threatened to raise the general tariff ...

News  Updated at: 2025/07/18

VW to implement two technical stoppages in Mexico due to lower U.S. demand On July 17, it was reported that Volkswagen de México will implement two technical stoppages at its Puebla plant over the next two weeks due to production adjustments and lower demand, particularly from the U.S. The stoppages will affect the Jetta and Tiguan production lines from July 21 to 25 and from July 28 to August 1. The first week is part of VW’s annual summer br...

News  Updated at: 2025/07/17

Daimler Truck North America to lay off 2,000 workers in U.S., Mexico On July 14, Daimler Truck North America announced it will lay off around 2,000 employees at five sites across the U.S. and Mexico due to the weak and uncertain freight market caused by tariffs and trade problems that spill over to affect domestic industries. “As we navigate a challenging economic environment, we’ve seen a notable slowdown in new truck orders, particularly in...

News  Updated at: 2025/07/17

Suprajit Engineering, India finalizes global restructuring of controls division On July 16, Suprajit Engineering Limited announced the final phase of restructuring at its Suprajit Controls Division (SCD), aimed at streamlining global operations and enhancing cost efficiency. In Mexico, all operations at the Juarez plant, which run under a third-party Maquiladora setup, will be relocated by December 2025. Most manufacturing will move to the Matamo...

News  Updated at: 2025/07/16