In a statement, General Motors Co stated, it was gradually restarting its transmissions and motors lines at its Mexican plants in Ramos Arizpe located in the northern state of Coahuila and in the central city of Silao. The assembly plants… Read More ›
In a statement, U.S. Trade Representative Robert Lighthizer said, he has notified Congress that the new U.S.-Mexico-Canada trade agreement will be effective from July 1 – a month later than initially planned. Both Canada and Mexico have taken necessary measures… Read More ›
With the coronavirus ravaging supply chains, a group representing U.S. manufacturers have had a discussion with Mexican President Andres Manuel Lopez Obrador to maintain and strengthen North America’s existing supply chain so as to provide a sustained and a strong… Read More ›
In a statement, General Motors Co said, by the end of April it will start producing 1.5 million face masks a month at its Mexican factory, located in the city of Toluca and will aim to produce 9 million masks… Read More ›
According to a top official from the Canadian government, the parliament has quickly ratified the new U.S.-Mexico-Canada (USMCA) trade pact even as it ramps up efforts to stop the spread of the Wuhan coronavirus. Canada was the last of the… Read More ›
U.S. President Donald Trump is scheduled to sign a trade pact between the United States, Canada and Mexico on Wednesday during a ceremony at the White House, said an administration official while adding, invitations for attending the event has already… Read More ›
In a statement, Mexican bank Grupo Financiero Banorte stated, it had signed an agreement with China’s Export and Credit Insurance Corp, Sinosure, to help it finance projects in Mexico that involve imports from China. Banorte did not disclose the value… Read More ›
In a statement, the second biggest U.S. carmaker Ford Motor Co stated, reservations were full for its high-end Mustang Mach-E First Edition electric sport utility vehicle. The automaker had unveiled its electric Mustang crossover on November 17, and had begun… Read More ›
Mexican Foreign Minister Marcelo Ebrard has stated, Mexico’s acceptance on U.S. demand on steel in the United States-Mexico-Canada Agreement would be conditional only if the rule takes effect at least five years after the trade pact’s ratification. Earlier this year,… Read More ›
This was the second such robbery in the same branch, with the robbers walking away after having filled a backpack with 1,567 centenarios worth $2.5 million. According to Mexican security officials, armed robbers have managed to break in to a… Read More ›
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