The diesel prices in Mexico will foreseeably increase in 2025 due to the reduction in refinery production, projected GMXT. In the period from January 1 to March 31, 2025, the price of diesel increased 4.3% compared to the same period in 2024. From GMXT’s perspective, the increase in
Mexico‘s National Customs Agency (ANAM) began the process to cancel five customs agencies, informed the Secretary of Economy, Marcelo Ebrard, on Monday. These customs agencies are being investigated for their relationship with alleged illegal imports made by eight IMMEX companies for 24 billion pesos. Ebrard indicated that of
GMXT’s (Grupo México Transportes) investment plan includes the acquisition of 1,600 rail vehicles and a 15% increase in the fleet of rail locomotives. The company also plans to carry out other expansion, efficiency and road safety projects that will improve idle times and operating results. To size its
The United States imposes a 25% tariff on non-USMCA auto parts, but avoids duplicate tariff charges. Mexican auto parts that qualify as eligible under the USMCA will continue to be exempt from the Section 232 tariff. This exemption will be temporary, with a minimum duration of 90 days
The automotive tariffs of Donald Trump, President of the United States, are applied at a rate of 25% and avoid duplication of certain tariff charges on auto parts. On April 29, 2025, Donald Trump signed a new Executive Order. This modifies the application of certain tariffs for products
During the last six-year period, Industrias Peñoles maintained an average annual investment in exploration of US$197 million, with a constant flow without significant variations, despite price cycles in the market. In 2024, the company allocated US$212 million to these activities, which represents a decrease of 8.9% with respect