Globe and Mail - Ski-Doo maker Bombardier Recreational Products Inc. is trimming 8 percent of its work force as it shifts more of its production work to a new plant in an undisclosed location in Mexico.
Tyrepress.com - Pirelli inaugurated its new $300 million factory in Mexico, the company’s first facility in the country and 22nd worldwide. The plant will focus on producing performance tires for the premium passenger car and 4x4 segment.
Reuters - Mexican gross fixed investment was essentially flat in February but the index was higher in year-ago terms for the lagging indicator of industrial sentiment. Spending on machinery, equipment and construction was up 11.7 percent.
Detroit Free Press - Chrysler said it will keep four plants in the United States and Mexico running through July without observing the traditional two-week summer shutdown and has begun production of the Dodge Dart in Belvidere, Ill.
Industry Week - Looking to strengthen its collaboration with key suppliers in a region widely recognized as the leading aerospace industry cluster in Mexico, Rolls Royce will open a new supply chain office in Guaymas, Sonora, Mexico.
Associated Press — Mexican cement giant Cemex says it pared its losses to $26 million in the first quarter of 2012 compared to a $229 million loss in the same time period last year. Sales increased in the first quarter to $3.5 billion.
Bloomberg - Volkswagen is set to approve building an Audi factory in Mexico to bolster the brand’s pursuit of Bayerische Motoren Werke (BMW). Volkswagen’s supervisory board will vote tomorrow on plans for the plant.
Financial Times - Volkswagen’s car plant in Puebla is North America’s largest, busier than any in the US Midwest or deep south. But for anyone expecting to see a low-cost operation, this is no cheap maquiladora. The plant follows VW’s global best practices.
Bloomberg - Mexican production of cars and light trucks rose 9.4 percent to 268,625 units in March from the year-earlier period, the nation’s Automobile Industry Association reported. Exports climbed 22.7 percent to 236,599 units over the same period.
Reuters - German car maker Audi reportedly has won the backing from parent Volkswagen to build a new plant in Mexico, German magazine Der Spiegel reported, citing no sources. The new factory will build Audi's Q5 sport-utility vehicle from 2015.