Automotive & Transportation
CNNExpansion - Mexican car production rose 2.9 percent on an annual rate in November, its first increase in a difficult year that has lowered the demand for vehicles. Car makers produced 176.655 cars in November compared to 171.750 in the same month in 2008.
Sentido Comun - Tradeco Infrastructura, together with companies in the Technical Innovations Foundation, Unión Presforzadora and Promotora y Desarrolladora Mexicana, won the bid to build the rail line at the LNG regasification terminal at Manzanillo.
Sentido Comun - Grupo Aeroportuario del Centro Norte, or OMA, the smallest of the three airport operators listed on the stock exchange, reported a 10.9 percent drop in passenger traffic at its 13 terminals during the month of November compared with the same month of 2008.
Sentido Comun - Grupo Aeroportuario del Pacifico said that the number of passengers who visited its air terminals fell 2.9 percent in November over the same month last year. The decrease was the 20th in a row since May 2008.
El Economista - With the construction of a pavilion and a budget of $20 million, Mexico hopes that its presence at Shanghai Expo 2010 will encourage Chinese investment in Mexico, particularly in food and beverages, automotive ventures, infrastructure, mining, tourism and renewable energy.
El Economista - In a celebration marking 10 years in Mexico, the Swedish vehicle manufacturer Volvo announced it hopes to increase sales in the country by selling 3,500 cars by 2011 after a 40 percent contraction this year.
Dow Jones - Aeromexico expects its passenger traffic to grow by about 5 percent in 2010 after falling 3 percent this year amid the global economic crisis and local A/H1N1 influenza outbreak. Aeromexico, together with low-cost subsidiary Aeromexico Connect, posted passenger traffic of 10.5 million in 2008.
El Semanario - Volaris, the fifth largest commercial airline in Mexico, has begun direct service between Los Angeles and Zacatecas. Flights to and from the airports will be offered every Tuesday, Friday and Saturday.
Maquila Portal - Izuza is investing $620,000 to expand its network of dealerships in Mexico with 27 new outlets. Those in Hidalgo, Tijuana, Acapulco and La Paz have opened. Others are planned in Celaya, Merida, Villahermosa, Cuernavaca and elsewhere.
Maquila Portal - The electric car company Zilent started operations in Chiapas, planning to sell 3,000 of the environment-friendly, state-of-the art, 100 percent electricity-powered vehicles in the state.