Auto parts company Magna International posted a 4% increase in sales in 2022, to $37.84 billion, and highlighted four industry trends that impacted it. While economic, political and other factors are part of the overall context in which the global automotive industry operates, there were a number of
The Coca-Cola Company’s (TCCC) top five independent bottling partners increased their share of total TCCC sales. In 2022, these five partners combined accounted for 42% of The Coca-Cola Company’s total worldwide unit cases. To note: Being a bottler does not create a legal partnership or joint venture between
At the operational level, the average attention period for VAT refunds in Mexico is 17 business days for Small Taxpayers and 22 business days for Large Taxpayers. Therefore, according to the Ministry of Finance and Public Credit (SHCP), it is not considered that there are long terms for
Large taxpayers (legal entities) in Mexico represent 0.02% of the taxpayer registry, according to data from the Ministry of Finance and Public Credit (SHCP). Of the total number of active taxpayers with tax obligations last year, 96% correspond to individuals (78% to wages and salaries and 18% to
The top four pork processors in the United States are WH Group, JBS, Hormel and Tyson Foods, with a combined share of about 67 percent. While the United States is the second largest pork producing country in the world, its entire sector is relatively mature and concentrated. As
Flowers Foods and Grupo Bimbo dominated the U.S. bakery market in the 52 weeks ended January 1, 2023. The current competitive landscape for breads and buns in the U.S. baking industry consists of Bimbo Bakeries USA (BBU), Flowers Foods and Campbell Soup Company, under the Pepperidge Farm brand,