Category: Uncategorized

Mexico’s Gross Domestic Product (GDP) grew by 0.7% in real terms compared to the previous quarter, according to the timely estimate published by Inegi for the second quarter of the year. At an annual rate, the timely estimate showed an increase of 1.2%, according to seasonally adjusted figures. Between April and June, tertiary activities, which… Continue reading Mexico’s GDP up 0.7% Q2 2025

On July 28, 2025, Mexico’s Official Gazette published revisions to foreign trade rules (Fourth Resolution)   FOURTH RESOLUTION ON MODIFICATIONS TO THE GENERAL FOREIGN TRADE RULES FOR 2025   The Tax Administration Service, based on Articles 1, 2, Section VII, and 144 of the Customs Law; 33, first paragraph, Section I, subsection g) of the… Continue reading Mexico announced tariffs on imported small packages

The Mexican Ministry of Infrastructure, Communications, and Transportation (SICT) reported that, in conjunction with the private sector, it will invest more than US$1.7 billion during 2025 for the rehabilitation and expansion of 62 airports in the country.   According to the federal agency, these actions in the airport sector will generate approximately 200,000 jobs throughout… Continue reading  $1.7B upgrade announced for 62 Mx airports

BBVA Mexico is allocating an average of MX$578 million (around US$31 million) per month to finance hybrid and electric vehicles. As of May 2025, this represents a 47% increase compared to the previous year, with green vehicle loans now comprising 15% of the bank’s total automotive portfolio. The initiative is closely tied to BBVA’s partnership… Continue reading Increase in financing EV/hybrid cars in Mexico

BYD has officially become the first automaker in the world to produce 13 million new energy vehicles (NEVs), marking the milestone with the rollout of a YANGWANG U7 luxury sedan. The company reached the 13 million units just eight months after surpassing the 10 million mark, a dramatic acceleration compared to the 13 years it… Continue reading BYD Reaches 13 Million NEVs,industry leader

The Jetour brand, owned by Chinese automaker Chery Holding Group, has turned to another subsidiary of the automotive group to reconfigure its strategy and, to that end, has launched the Soueast division in Mexico, debuting with three models.   According to its executives, this division is characterized by offering mobility “to stylish urban youth, with… Continue reading Chery’s expansion into Mexican automotive market

Daimler Truck México has successfully issued bonds worth MXN 3 billion on the Mexican Stock Exchange (BMV), achieving an oversubscription rate of 1.35 times. This reflects investor confidence in the company’s financial strategy and the growth potential of Mexico’s heavy-duty vehicle sector.The transaction, coordinated with Scotiabank, BBVA, and Santander, forms part of Daimler México’s securities… Continue reading Daimler issue bond in Mexican Stock Market

Despite the rise in electromobility that has been recorded in recent years, Eugenio Grandio, president of Electromobility Association Mexico (EMA), warned that there are still important gaps to consolidate the sector.  Mexico exceeds 50,000 electric units but must accelerate expansion Grandio highlighted that, as of June 2025, Mexico exceeded 50,000 electric units in circulation, a… Continue reading EV in MX: goals, challenges and solutions by 2030

  Mexico became the second-largest export market for Chinese motorcycles in 2024, importing US$1.307 billion worth of vehicles, a 45.7% increase from the US$897 million reported in 2023, according to data from China’s General Administration of Customs. This figure positions Mexico behind only the United States, which imported US$1.752 billion in Chinese motorcycles. This growth… Continue reading Mexico 2nd largest buyer of Chinese Motorcycles