The Mexican customs offices that collected the most in 2022 were those of Nuevo Laredo, Manzanillo, Veracruz, Lázaro Cárdenas and Mexico City International Airport (AICM), according to data from the Ministry of Finance and Public Credit (SHCP). Above all, Nuevo Laredo customs collected 163,990 million pesos. Next, in
In 2022, year-on-year growth in global light vehicle production stood at around 6.9%, reported Autoliv, Inc., referencing data from S&P Global. Overall, light vehicle production in 2022 was constrained by global semiconductor shortages and other industry supply chain disruptions. For Autoliv, supply chain disruptions led to poor visibility
The United States is the world’s largest exporter and producer of coarse grains, accounting for 24% of global exports and 25% of global production in the fiscal year ending December 31, 2022, according to USDA data. To note: Coarse grains are cereal grains other than wheat and rice,
The U.S. Trade Representative (USTR) took a first step to outline a panel on GM corn against Mexico in the framework of the Treaty between Mexico, the United States and Canada (USMCA). Mexico does not grow GM corn and the Mexican government issued a decree on December 31,
Demand for shared mobility and on-demand transportation services from providers such as Uber, Lyft and Didi (in China) is driving interest and growth in this trend. Globally, shared mobility remains a key trend in the automotive industry. The growing use of vehicles and the rise of ridesharing are
Battery electric vehicle production increased to 8.7 million units in 2022 from 4.9 million units in 2021, a year-on-year rise of 78%, Lear Corporation noted. More than any other country, China pushed this growth. Overall, Lear explained that the growing demand for electric vehicles is driven by numerous