The European Commission approved the proposed acquisition of Eaton Hydraulics’ hydraulic business by Danfoss. Both companies are the world’s leading manufacturers of hydraulic components used
FedEx Corporation reported that it reduced its capital expenditures 10.7% in the nine months ended February 28, 2021, to $ 4.202 million. Headquartered in Memphis,
Alstom was selected to supply 34 high-capacity double-deck EMU Coradia Stream trains to Landesnahverkehrsgesellschaft Niedersachsen (LNVG) in Germany. In addition to the delivery of the
Autoliv increased its share of the global seatbelt market to 44% in 2020. Year-on-year, the company‘s sales of these products fell 8.6% last year, to
Magna International decreased its sales in Mexico by 21.8% in 2020, to $ 3,359 million. Regarding the United States market, the company‘s sales totaled 8.210
The Federal Economic Competition Commission (Cofece) authorized a concentration between subsidiaries of Toyota and Mazda in Mexico. A concentration is the merger, acquisition of control
The peso starts the session with a depreciation of 0.64% or 13.3 cents, trading around 20.74 pesos per dollar, with the exchange rate touching a
Mexico‘s auto exports stopped growing in 2020 after three years of expansion, according to data from the Ministry of Economy. For all of 2020, the
Tractor truck imports (road tractors for semi-trailers) fell 37.5% in Mexico in 2020. In this way, tractor unit imports totaled 150.5 million dollars last year.
Grupo Bimbo is the company with the largest fleet of electric delivery vehicles in Mexico and one of the largest in Latin America. The company
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