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Mexico's Senate Approves Used Vehicle Financing Inclusion
By Óscar Goytia - Tue, 02/13/2024 - 13:43
Senate greenlights used vehicles in financing plans, boosting consumer safeguards. Market poised for 40% growth; fiscal compliance expected.
https://mexicobusiness.news/tag/ministry-economy
More Automotive
GM to Invest US$918 Million in ICE, EV Component Production
By Rodrigo Andrade - Mon, 01/23/2023 - 15:08
The US automaker announced a US$918 million investment in the production of V-8 gasoline engines and EV components at four of its US plants.
Heavy Vehicle Sector Reaches New Highs in 2022
By Rodrigo Andrade - Fri, 01/13/2023 - 10:13
Mexico holds its spot as the leader in tanker trucks exports. In 2022, the sector grew 19.6 percent.
Mexico, Canada Win Trade Dispute With US on Rules of Origin
By Antonio Gozain - Thu, 01/12/2023 - 11:00
A dispute panel ruled that Mexico and Canada won their challenge to the US interpretation of content rules for vehicles assembled under USMCA.
The US Inflation Reduction Act Has to be Reevaluated: EU
By Rodrigo Andrade - Tue, 11/08/2022 - 08:27
The EU criticizes the inflation act approved by the Biden administration, saying it puts the EU at a commercial disadvantage.
Tatiana Clouthier’s Resignation Causes Uncertainty: AMIA
By Rodrigo Andrade - Wed, 10/12/2022 - 08:41
Automotive industry experts say that Tatiana Clouthier’s decision to leave the Ministry of Economy could affect USMCA discussion panels.
Mexico Celebrates Strong Exports, Battles Domestic Recovery
By Alejandro Salas - Wed, 02/16/2022 - 12:38
Automotive exports to the US remain strong, while SUV sales stand out in a still contracting domestic market. This and more in this week’s roundup!
Mexican Production Hits New Lows
By Antonio Gozain - Thu, 12/09/2021 - 14:30
Light-vehicle production in Mexico is set to have its worst year since 2012. Read this and more in your weekly roundup!
Auto Sector a Priority for the Ministry of Economy
By Lorenzo Núñez - Wed, 11/24/2021 - 11:03
In the context of a rules of origin dispute, the Mexican auto sector is considered a priority for the Ministry of Economy.
Participation, Collaboration Crucial During USMCA Dispute
By Lorenzo Núñez - Wed, 11/24/2021 - 10:56
Tatiana Clouthier, Secretary of Economy emphasizes the importance of the Automotive Industry in Mexico.