Manufacturing

Manufacturing

November industrial production rise moderates

Nasdaq - Mexico's industrial production probably rose less in November than the average for most of 2012 on signs of some cooling in the export-oriented manufacturing sector, analysts said.

www.nasdaq.com/article/mexicos-november-industrial-production-rise-seen-at-3-20130108-01417#.UO2Fu3eAqSo

Audi to begin building Q5s in Mexico in 2016

Left Lane - Audi's next-generation Q5 crossover will begin emerging from a new assembly plant in Mexico in May of 2016, the automaker has confirmed. Groundbreaking of the new plant, Audi's first in North America, will kick off in 2014.

www.leftlanenews.com/audi-to-begin-building-q5s-in-mexico-in-2016.html

Mazda to increase production capacity in Mexico

CNW - Mazda Motor Manufacturing de Mexico, a joint venture of Mazda Motor Corp. and Sumitomo Corp, announced that production capacity at its plant under construction in Salamanca will be increased in the fiscal year ending March 2016.

www.newswire.ca/en/story/1095209/mazda-to-increase-production-capacity-in-mexico

Tokai, Anvis form 2 joint ventures in Mexico

Rubber News - Tokai Rubber Industries Ltd. has formed two joint ventures with Germany's Anvis Group to make automotive anti-vibration rubber components in Queretaro, Mexico.

www.rubbernews.com/article/20130103/NEWS/130109983/tokai-anvis-form-2-joint-ventures-in-mexico

Mexico to drop complaint vs Argentina after auto deal

Reuters - Mexico will drop a complaint before the World Trade Organization against Argentina over trade restrictions after the two countries reached a new automobile pact, Mexican economy minister Ildefonso Guajardo said on Friday.

www.reuters.com/article/2012/12/14/us-mexico-argentina-wto-idUSBRE8BD16B20121214

New Zealand motor maker opens Mexico subsidiary

New Zealand Herald - Loss-making energy efficient motor maker Wellington Drive Technologies has set up a wholly-owned subsidiary - Wellington Latin America Services - in Queretaro, which it says aims to strengthen its presence in the region.

www.nzherald.co.nz/united-states/news/article.cfm

Auto industry sees record 2013 production

Market Watch - Mexico's auto industry expects to set a new production record of at least three million vehicles next year on strong exports to the U.S., although the "fiscal cliff" could complicate that goal, a top industry official said Monday.

www.marketwatch.com/story/mexicos-auto-industry-sees-record-2013-production-2012-12-10

Honda adds two more Fit models to be made in Mexico

Autoevolution - Honda has announced that it will be building two additional variants of their popular Fit/Jazz city car - a sedan and a crossover. All three models of the Fit will be built at Honda’s new plant, currently under construction in Mexico.

www.autoevolution.com/news/honda-to-build-fit-sedan-hatchback-and-crossover-in-mexico-52766.html

Mexico 2012 auto investments seen at $6 billion

American Metals Market - Mexico's auto industry will end 2012 with an internal investment of about $6 billion, double the year-ago level. Nearly half of that amount, or $2.97 billion, has been allocated to 23 projects by Asian companies.

www.amm.com/Article/3120398/Supply-Chain/Mexicos-2012-auto-investments-seen-at-6B.html

Auto makers accelerate production in Mexico

Wall Street Journal - Mexico is taking center-stage in the production of cars, where lower costs and skilled workers are reordering the global auto market. The country now is the world's fourth largest exporter of cars.

blogs.wsj.com/drivers-seat/2012/11/20/auto-makers-accelerate-production-in-mexico/

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