The government of the new President of Mexico will give priority to boosting the digital economy, highlighted Marcelo Ebrard, who was appointed as the next Secretary of Economy. In the first half of 2024, the Ministry of Economy prepared a diagnosis on the digital economy at the national
The Ministry of Economy released the results of Mexico‘s automotive imports (new light vehicles) under quota. As part of the actions to boost the competitiveness of Mexico’s automotive industry, quotas were authorized between September 2023 and June 2024. These quotas allow for the import of 853,762 new light
The Mexican government highlighted that it has strengthened the mechanisms for verifying compliance with the VAT-IEPS certification. In the first quarter of 2024, the Ministry of Finance and Public Credit (SHCP) conducted 51 compliance monitoring visits. This figure is 240% higher than the visits made during 2023. As
The Ministry of Finance and Public Credit (SHCP) reported that there were 125 suspensions of Mexico‘s importers’ registry in the first quarter of 2024. This number represents an increase of 18.8% compared to the same period of 2023. Suspensions of Mexico’s importers’ registry The data were recorded by
Claudia Sheinbaum and Joe Biden will govern their respective countries, at the same time, for 3 months and 20 days. Sheinbaum will begin her term as President of Mexico on October 1 and Biden will step down as President of the United States on January 20, 2025. Biden
Seven of the world’s leading motor vehicle producers recorded declines at quarter-on-quarter rates in the first quarter of 2024. Globally, the automotive sector experienced a decline in production of almost 3%, also in quarter-on-quarter comparison. Global automotive industry These results went like this in terms of the main