Volvo boosts the automotive industry in Mexico with new plant in Nuevo León
Volvo Group has confirmed the location of its new heavy truck manufacturing plant in Ciénega de Flores, Nuevo León, which will cover approximately...
Category: Business
Mexico remains attractive for investment in 2024, but pace slows down
Mexico continues to attract investors, although behind the pace it set in 2023. On Monday, the Ministry of Economy (SE) reported 48.3 thousand ...
MG Motor boosts expansion in Latin America with new plant in Mexico
While Tesla and BYD dither, Mexico is positioning itself as the new promised land of the automotive industry, now for MG.
Mexican Peso Recovers Ground After Four Days of Declines in Latin America
The Mexican peso achieved a significant respite against the dollar on Wednesday, a day before the release of key inflation data and a strong U.S. economic recovery.
Rising Inflation in Mexico: Challenges and Strategies for the Business Sector
In July, inflation in Mexico registered a notable increase, reaching its highest point in more than a year. This phenomenon not only presents ...
Volkswagen intensifies cost cuts to try to improve profit margins
Volkswagen (VOWG_p.DE) has announced that it will need to make "significant cost reduction efforts" in the second half of the year and in advance of the...
Boeing appoints Kelly Ortberg, aerospace industry veteran, as CEO to lead turnaround
Boeing (BA.N) announced Wednesday the appointment of Kelly Ortberg, a seasoned aerospace industry leader, as its new President ...
Cryptocurrency stocks rise after Trump's pro-bitcoin speech
Shares of cryptocurrency companies listed in New York rose before Monday's open after presidential candidate rep...
Under pressure in China, Mercedes lowers its earnings outlook
Mercedes-Benz (MBGn.DE) lowered its annual profit margin forecast following weak second-quarter sales and earnings on Friday....
U.S. goods trade deficit narrows; new home sales continue to decline.
The U.S. goods trade deficit narrowed in June for the first time this year amid a broad-based recovery in U.S. exports and a recovery in U.S. exports to the United States....
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