Grupo Carso carried out a series of measures to face the Covid-19 pandemic, such as closing stores, imposing online businesses, controlling expenses, reducing investments and changing store formats. From March 31 to June 15, 2020, all Sears and Saks Fifth Avenue stores were temporarily closed to the public.
General Motors (GM) registered a 9.5% year-on-year drop in automotive exports in Mexico from January to August 2021, Inegi reported on Monday. With this, the company’s automotive exports fell to 373,871 light vehicles. In general, the automotive industry and General Motors are currently experiencing a global semiconductor supply
Mexico and the United States require greater competition in freight rail transport, according to opinions of the Federal Economic Competition Commission (Cofece) of Mexico and the White House. Within the framework of the High Level Economic Dialogue (DEAN) between Mexico and the United States that will take place
The BMW Group, Toyota and Audi stood out for their dynamism in the production of light vehicles in Mexico from January to August 2021, reported Inegi. Of the three companies, the BMW Group had the best performance, growing 59.4% year-on-year, to 48,732 units. With the same comparison, Audi
The Mining Chamber of Mexico (Camimex) highlighted the use of minerals for the medical and pharmaceutical industry. Global health had a major impact since the appearance of the SARS-CoV-2 virus, when China informed the world in December 2019 of the appearance of a new disease and before a
China leads the production of semiconductor chips in the world, according to data from the United Nations. The electronics value chain, which includes consumer electronics and ICT, has been regionalized over the years, and China has become a major global production center for microelectronics. Other outstanding producers are: