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Toyota Denies US$10 Billion US Investment, Counters Trump Claims
By MBN Staff - Wed, 10/29/2025 - 13:18
Toyota says it never promised US$10 billion US investment, contradicting Trump’s recent statements, clarifies exec Hiroyuki Ueda
https://mexicobusiness.news/tag/auto-manufacturing
More Automotive
Honda Recalls 259,000 US Vehicles for Brake Pedal Defect
By MBN Staff - Fri, 06/20/2025 - 14:43
Honda recalls 259,865 US vehicles over a brake pedal defect that may affect braking, following a customer report in April 2024
TYW’s US$50 Million Plant to Supply Panels to Kia, Stellantis
By MBN Staff - Mon, 06/09/2025 - 17:29
TYW Manufacturing opens a US$50 million plant in Irapuato, creating 1,000 jobs and supplying instrument panels to Kia and Stellantis
Mexico, Argentina Agree on Tariff-Free Auto Exports Until 2026
By MBN Staff - Tue, 06/03/2025 - 13:56
Mexico and Argentina agree to tariff-free auto quotas, enabling exports of up to US$773.1 million for cars and quad bikes until March 2026
Mexico Vehicle Exports Drop 10.9% in April, Hurt by US Tariffs
By MBN Staff - Mon, 05/12/2025 - 13:00
Mexican light vehicle exports fell 10.9% in April 2025, hit by US tariffs. German automakers faced challenges meeting USMCA content rules.
Mexico’s EV Sales Boom: The Week in Automotive
By Óscar Goytia - Thu, 04/17/2025 - 10:10
This week in automotive news: EV sales in Mexico surged 290%, automakers brace for tariffs, and global production rankings shift
Mexico Proposes Tariff Cuts Tied to US-Origin Auto Components
By Óscar Goytia - Mon, 04/14/2025 - 13:04
Mexico negotiates US tariff cuts on autos, steel, and aluminum, with a proposal linking reductions to US-origin components, brand, and model
Mexico’s Auto Industry Grows in March Ahead of US Tariffs
By Óscar Goytia - Wed, 04/09/2025 - 14:58
Mexico's auto industry grew in March 2025, with higher production, exports, and sales, anticipating US tariffs on vehicle imports
Stellantis to Halt Canada, Mexico Plants Over US Tariffs
By MBN Staff - Thu, 04/03/2025 - 13:46
Stellantis will halt production at plants in Canada and Mexico in April, citing US auto tariffs
Jetour Expands in Mexico, Launching Soueast Under OEM Model
By MBN Staff - Mon, 03/10/2025 - 13:26
Jetour Soueast to launch a new sales strategy by mid 2025, introducing the Soueast brand under an OEM model in Mexico