On September 1, 2025, the President of the United Mexican States, Claudia Sheinbaum Pardo, presented the First State of the Nation Report 2024-2025. President Claudia Sheinbaum, in her first government report, emphasized the continuation of the Fourth Transformation, highlighting her responsibility as the first female president. She reported poverty reduction from 41.9% in 2018 to… Continue reading Sheinbaum’s First Government Report
Chinese Enterprises Accelerate Global Expansion as Ruima Precision’s Mexico Production Base established. On September 2, 2025, Ruima Precision (Stock Code: 002976) announced that its wholly-owned subsidiary, Cheersson Queretaro Precision Metal Forming S. DE R.L. DE C.V. (Ruima Mexico), has officially completed the acquisition of industrial land in the Apaseo El Grande Industrial Park in Guanajuato,… Continue reading Ruima Precision completes Mexico land purchase
Indian company TAFE (Tractors and Farm Equipment Limited), the world’s third-largest tractor manufacturer, inaugurated its new assembly plant in Aguascalientes in the Vesta Park industrial park, with an investment of US$10.7 million and the creation of 250 jobs, reported the governor of Aguascalientes, Tere Jiménez, accompanied by Esaú Garza de Vega, Secretary of Economic Development,… Continue reading TAFE inaugurates plant in Aguascalientes
China’s forklift giant Hangcha Group has officially opened its new showroom in Pachuca, Hidalgo, Mexico, marking a significant step in the group’s strategy to deepen its presence in the North American market. Hangcha Group held an opening ceremony for its new showroom in Pachuca, Hidalgo, Mexico, signifying major progress in its strategic layout in the… Continue reading Hangcha Group Mexico showroom officially opened
Mexico in the 2024 export Ranking Mexico reached the ninth position in the global export ranking during 2024, with a total value of 617 billion dollars, equivalent to 2.5% of world trade, according to recent Commodity Trading data on global goods flow. International trade recorded a total volume of 24.43 trillion dollars in the year,… Continue reading Mexico becomes top 9 largest world exporter
MEXICO CITY (Reuters) — Brazilian Vice President Geraldo Alckmin said on Thursday that Brazil and Mexico plan to sign complementary trade deals in August of next year, following a meeting with Mexican President Claudia Sheinbaum. Authorities signed preliminary agreements in agriculture, health, and biofuels. Alckmin told a press conference in Mexico City that Brazil is… Continue reading Brazil will update sector trade deals with Mexico
Global vehicle production reached 92.5 million units in 2024, according to data from the International Organization of Motor Vehicle Manufacturers (OICA). In this context, Mexico reaffirmed its role as a global automotive powerhouse, ranking fifth worldwide with 4.2 million units manufactured, surpassing countries like South Korea and Brazil, and trailing only China, the United States,… Continue reading Mexico the TOP 5 car manufacturer in the world
The Mexican government issued a decree on August 28, 2025, published in the Diario Oficial de la Federación (DOF), amending the Decree for the Promotion of the Manufacturing, Maquiladora, and Export Services Industry (IMMEX). The primary change expands Annex I to prohibit temporary imports under the IMMEX program for certain goods that have been harming… Continue reading Mexico IMMEX update: Temporary Import Limit
In recent years, the global tire industry landscape has undergone unprecedented changes. China’s tire industry continues to expand its international influence, while Mexico, leveraging its geographical advantages and market demand, has become a crucial strategic stronghold for Chinese tire companies’ overseas expansion. The cooperation between China and Mexico in the tire industry has continuously strengthened,… Continue reading Chinese tire makers accelerate push into Mexico
MG Motor, owned by China’s SAIC, confirmed it will move forward with its plan to build a new vehicle manufacturing plant in Mexico, committing US$1.05 billion to the project despite global tariff uncertainties. The facility, which will be built from the ground up rather than through the acquisition of existing infrastructure, will have an annual… Continue reading MG Motor to invest US$1.05B in Mexico plant
