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VCI Global Takes 51% Stake in Mexico Auto Platform RTCAR
By MBN Staff - Wed, 12/31/2025 - 13:35
VCI Global signs a term sheet to buy 51% of RTCAR Mexico, securing USMCA-ready capacity to support an OEM’s North America expansion.
https://mexicobusiness.news/tag/suvs
More Automotive
VCI Global RTCAR Acquisition Builds on Mexican OEM Growth
By Duncan Randall - Wed, 12/31/2025 - 13:05
VCI Global’s investment in RTCAR Mexico highlights the country’s high-volume vehicle production capabilities.
Nissan Consolidates Mexico Production in Aguascalientes
By Teresa De Alba - Wed, 12/24/2025 - 12:22
Nissan completed its shift of Mexican production from the CIVAC plant in Morelos to Aguascalientes, reshaping its manufacturing footprint
Nissan-Mercedes JV COMPAS to Close in May 2026 Amid Market Shifts
By Óscar Goytia - Fri, 10/24/2025 - 13:16
COMPAS, the Nissan-Mercedes joint venture in Aguascalientes, will close May 31, 2026, due to market shifts and US tariff impacts
China’s HongQI Launches in Mexico, Eyes Luxury Rival Markets
By MBN Staff - Mon, 09/29/2025 - 17:33
HongQI, China’s official auto brand, launches in Mexico, marking its Americas debut and targeting German and Japanese luxury rivals
Ford, Hyundai May Sales Rise on SUV Demand, Incentives
By MBN Staff - Tue, 07/08/2025 - 16:06
Ford and Hyundai saw higher US sales in May 2025, driven by SUV/truck demand and incentives amid tariff-related price hike concerns
Jetour and Soueast Debut SUVs, Plug-In Hybrids in Mexico
By Óscar Goytia - Thu, 06/19/2025 - 14:07
Jetour and Soueast launch in Mexico with new SUVs, plug-in hybrids, expanded dealers, and strong warranties for urban and off-road use
Changan to Expand Mexico Dealerships to 80, Aims 2% Market Share
By MBN Staff - Fri, 05/16/2025 - 13:14
Changan plans 80 dealerships in Mexico by 2025, up from 67, and aims to double its market share to 2% with nine new models, including hybrids and EVs
Geely Targets 50,000 Vehicle Sales in Mexico by 2025
By MBN Staff - Thu, 01/16/2025 - 14:09
Geely aims for 50,000 vehicle sales in Mexico by 2025, expanding to 100 dealers and introducing new electric models
Lincoln Appoints William Vélez as Mexico, Caribbean Director
By MBN Staff - Thu, 01/09/2025 - 17:15
William Vélez is named Lincoln Director for Mexico and the Caribbean, bringing over 17 years of experience