Manufacturing

Manufacturing

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/

Tourism income rises 10.3% in September

PR Newswire - The Mexico Ministry of Tourism reports that during the month of September, currency income from international visitors exceeded $748 million, a figure 10.3 percent higher than during the same period last year.

www.sacbee.com/2012/11/15/4988449/currency-income-from-international.html

Nissan weighs Mexico for North American plant

Bloomberg - Nissan Motor Co., Mexico’s largest automaker, will consider the country along with the U.S. for a new North American factory to meet demand in both nations. Nissan is already building its third plant in Mexico.

www.bloomberg.com/news/2012-11-15/nissan-weighs-mexico-for-next-north-america-plant.html

September industrial production rises 2.4%

Nasdaq - Mexico's industrial production grew by 2.4 percent in September compared to the year-ago month, on gains in manufacturing, construction, utilities and mining, the National Statistics Institute, or Inegi, said Monday.

www.nasdaq.com/article/data-snap-mexicos-september-industrial-production-rises-24-20121112-00667#.UKEQwoa9u6Q

Auto production, exports increase in October

Reuters - Mexico's automobile production rose by 17.3 percent in October compared to the same month last year, and exports were up 12.3 percent, the Mexican Auto Industry Association (AMIA) said on Wednesday.

www.reuters.com/article/2012/11/07/mexico-auto-idUSL1E8M7BPA20121107

Korean firm shut down after workplace violence

EFE - A South Korean firm in the central Mexican state of Queretaro was shuttered two weeks after a Mexican worker was attacked there by his Korean supervisor. The firm closed is Samwon Mexico - a supplier to Korean electronics giant Samsung.

latino.foxnews.com/latino/news/2012/11/03/mexico-shuts-down-korean-firm-after-workplace-violence/

Honda moving work from Mexico to South Carolina

Carolina Live - Honda of South Carolina is moving production of its side-by-side product, 2-4 person four-wheel drive off-road vehicles, from Honda Mexico to its Timmonsville plant next year.

www.carolinalive.com/news/story.aspx

Auto industry, government clash over fuel efficiency

Reuters - Carmaker Toyota and Mexico's auto industry have sued the Mexican government to try to block proposed regulations to align the fuel efficiency standard of cars and light trucks with that of the United States to cut greenhouse gas emissions.

af.reuters.com/article/energyOilNews/idAFL1E8LQ8AU20121026

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