Mexico (not Brazil) is the largest car assembler in Latin America


Mexico registered a new record in vehicle production again during February, and with more than 600,000 units in the first two months of the year, it surpassed Brazil as the largest car assembler in Latin America, despite Brazil’s slight recovery. In February 2018, a total of 328 thousand units were manufactured in Mexican car assembling plants, an More...

by sanmigueltimes | Published 1 month ago
By sanmigueltimes On Saturday, March 17th, 2018

Amazon launches new debit card in México

MEXICO CITY.- Banorte and Mastercard, together with Amazon, launched the debit card ‘Amazon Recargable‘ in the Mexican market, which is avaialable already on the Amazon’s website. The new credit More...

By sanmigueltimes On Thursday, March 8th, 2018

Terrafina announces distribution payment

According to BUSINESS WIRE, Terrafina (”TERRA”) (BMV:TERRA13), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by PGIM Real Estate and dedicated to the acquisition, More...

Boeing 737MAX and a LEAP engine: Mexican-made parts. (Photo: Bangalore)
By sanmigueltimes On Monday, March 5th, 2018

French aerospace firm Safran opened its sixth plant in Querétaro

According to Mexico News Daily, French aerospace company Safran officially opened its sixth plant in Querétaro last week, bringing its total number of Mexican factories to 19, but there are even more in the pipeline. The More...

Solar power plant in the Mojave desert Wikipedia
By sanmigueltimes On Saturday, March 3rd, 2018

Carlos Slim’s Telmex enters the solar business

The Mexican telecommunication giant, which is owned by Mexico’s richest man Carlos Slim, has started to offer solar panels to its clients which pay high energy bills. The Mexican telecommunications company Telmex, More...

Andreas Kindermann, CEO de la compañía, en un recorrido de inauguración en una planta de Austria. (Foto Especial).
By sanmigueltimes On Thursday, March 1st, 2018

Austrian Wollsdorf Leather to invest 20 million USD on Leon’s new plant

Wollsdorf Leather, tanning company from Austria, will install its new headquarters in León, Guanajuato, to manufacture their premium brand leather products for the automotive, furniture and aerospace industries, and More...

By sanmigueltimes On Sunday, February 25th, 2018

Southwest to start international cargo shipping to Mexico in May

US-based carrier Southwest Airlines intends to begin shipping cargo to international destinations from this May, subject to receiving the necessary government approvals. Southwest Airlines Cargo expects to initially More...

By sanmigueltimes On Sunday, February 25th, 2018

Mexican network Televisa to create content for Amazon Prime

Mexican broadcaster Televisa disclosed that it plans to start producing original content to be distributed on Amazon’s platform, underscoring streaming services’ increasing efforts to woo Latin American audiences. Televisa, More...

San Miguel de Allende just debuted as a place for tourism of conventions. (Photo:
By sanmigueltimes On Friday, February 23rd, 2018

San Miguel debuts as convention tourism destination

San Miguel de Allende, Gto. (OEM-Informex) .- The city, heritage of humanity and awarded  “Best World City to Visit” by Travel + Leisure, just debuted as convention tourism destination with 87 events, More...

(Photo: Periódico am)
By sanmigueltimes On Friday, February 23rd, 2018

Guanajuato exported a billion dolars more than in 2016

From January to November 2017, the Coordination of Foreign Trade Promotion (Cofoce) recorded exports for  2.1 billion and 60.79 million dollars, 5.58% more than in the same period of 2016, that is, 1.1 billion More...