Nissan and VW raised their light vehicle production in Mexico at double-digit rates in July, Inegi reported. Both occupy the second and third position, respectively, among the companies that build the most cars in the country, surpassed by General Motors, which had year-on-year growth at a single digit
The peso begins the session with a depreciation of 0.50% or 11.1 cents, trading around 22.48 pesos per dollar, in a rebound effect from the appreciation of 1.31% in the session on Wednesday. The weighted index of the dollar shows a moderate appreciation of 0.05%, therefore, the depreciation
Light vehicle exports totaled 256,098 units in Mexico during July, an interannual decrease of 5.5%, the Inegi reported. Overall, the Covid-19 pandemic and government actions and measures to prevent its spread continue to impact the operations and businesses of the auto industry, albeit with a trend toward recovery.
A total of 121 U.S. coal-fired power plants were reused to burn other types of fuels between 2011 and 2019. Of that total, 103 were converted or replaced by natural gas plants, the Energy Information Administration (EIA) reported. At the end of 2010, there were 316.8 gigawatts (GW)
The Tax Administration Service (SAT) reported that it created the Padrón mini-site for importers and exporters. The minisite is made up of four sections: Register of Importers (PI), Register of Importers of Specific Sectors (PISE), Register of Sectorial Exporters (PES) and Additional Material. In a press release, the
The peso closed the session with an appreciation of 1.29% or 29.2 cents, trading around 22.38 pesos per dollar, being the first advance of the peso since July 27 and ranking as the second highest-earning currency in the basket of main crosses. In the session, the Global Risk