Global automotive production fell 1.1% on a year-over-year basis in 1H2022 to 37 million 935,000 units. Overall, the market weakness is largely due to the continued impact of the Covid-19 pandemic, especially supply shortages and, to a lesser extent, the resurgence of the virus in China with corresponding
Kimberly-Clark de México (KCM) increased its exports 2.8% in 2021 at an annual rate, reaching 5.557 billion pesos. After registering a 3.7% year-on-year drop in this indicator in 2019, the company increased its external sales 84.4% in 2020. Since the start of operations of the foreign sales area,
Grupo Herdez recorded a 39.4% year-on-year increase in exports in the first half of 2022, to Ps. 1.2 billion. Mostly, this growth was due to the higher sales volume of mayonnaise and homemade sauces. Previously, export sales in 2021 accounted for 7% of the company’s total sales, whose
According to preliminary figures, as of June 30, 2022, Mexico‘s public sector gross external debt amounted to US$220 billion. The amount represents a decrease of approximately US$1.6 billion from the US$221.6 billion outstanding as of December 31, 2021. Of this amount, US$211.5 billion represented long-term debt and US$8.5
The United States relied on foreign sources of palladium to meet 37% of its domestic consumption needs in 2021. How important is palladium? It is commonly used, along with other platinum group metals (PGMs), as an active substance in automotive catalytic converters (as well as in semiconductor production).
U.S. truck exports to Mexico could be affected by a new Mexican standard, the U.S. Trade Representative’s Office (USTR) said. First and foremost, the U.S. government has initiated discussions with Mexico on the implementation of its PROY-NOM-014-SCT2-2019 standard, which regulates rear underride guards for conventional buses and truck-type