The Organization for Economic Cooperation and Development (OECD) forecasts that world GDP will grow 5.7% in 2021 and 4.5% in 2022. In part, a strong rebound in Europe, the likelihood of additional fiscal support in the United States next year, and lower household savings will boost growth prospects
Nissan increased its sales of light vehicles in Mexico at a year-on-year rate of 14.5% from January to September, in line with the general growth of the Mexican automotive market (14.1%), Inegi reported this Wednesday. Overall, the OECD estimates that private consumption will gradually strengthen in Mexico, helped
The coffee sector has expanded significantly in the past two decades as global coffee demand increased by 65%, highlighted a report by the International Trade Center (ITC). Overall, the main driver of growth has been increased consumption in emerging economies and coffee-producing countries. Where are the business opportunities?
Car exports from Mexico (light vehicles) totaled 195,294 units in September, a decrease of 24.2% at the annual rate. Thus, external sales accumulated 2,014,639 vehicles, an increase of 9.6%, informed Inegi this Wednesday. Within the global data for September, the largest year-on-year falls corresponded to Mazda (-55.7%, to
A total of 56 multinational companies affiliated to the Executive Council of Global Companies (CEEG) spoke out against the presidential initiative for electricity reform in Mexico. President Andrés Manuel López Obrador already presented this Friday a constitutional reform initiative for the electricity industry in which he proposes that
General Motors recorded a 73% year-on-year drop in its light vehicle production in September, to 20,619 units, Inegi reported on Wednesday. With this result, the accumulated production of General Motors in the first nine months of the year was 426,254 vehicles, a reduction of 19.3% per year. A