What are the pros and cons of the U.S. automotive tariffs on Mexico? Regarding the cons, the first thing is that U.S. President Donald Trump ordered a 25% tariff on all imports of cars and light trucks starting next April 3. This is particularly bad news for Mexico,
Mexico put into effect as of January 1, 2025 new changes to its mining royalties legislation. In 2024, the GDP of mining of metallic and non-metallic minerals, except oil and gas was 261,928 million pesos, a year-on-year rise of 1.3%, considering pesos at 2018 prices, according to Inegi
Taruk means roadrunner in the Yaqui language and is the first Mexican electric bus. MegaFlux, a 100% Mexican company, created and developed this vehicle, as well as its electric battery. The bus is ideal for Mexico‘s cities, due to its design adapted to the specific conditions of the
The United States, China and France were Danone’s top markets worldwide in 2024, according to the company’s own data. Danone, the smallest of the big three European food and beverage companies, leads in plant-based products. It also excels in specialized nutrition businesses. Today, 90% of its sales by
Daimler Truck increased its Freightliner truck sales in Mexico by 27.2% in 2024, to 17,797 units. With this, its share of the Mexican heavy vehicle market increased from 25.3% in 2023 to 26.3% in 2024, according to Inegi data. Freightliner offers a range of heavy-duty vehicles in Mexico
Foreign investment in Mexican mining (extraction of metallic metals) fell at a year-on-year rate of 82.8% in 2024, to US$360 million, according to data from the Ministry of Economy. Among others, metallic minerals include iron, gold, silver, copper, lead and zinc. In addition, mining companies carry out beneficiation