Manufacturing
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/PDPPHDHAN5AQJLULW3BGJPBZEY.jpg "Nearshoring Pushes Q1 Foreign Investment In Mexico to Half of 2022 FY Total")
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/OPO5T7HUZ5HC7IE6YSJYZDAFJM.jpg "Chinese Truckmaker Foton to Boost Mexico Presence With Eye on US Market")
Chinese Truckmaker Foton to Boost Mexico Presence With Eye on US Market
Mexican production of vehicles, a major driver of the nation’s economy, have started to inch back upwards following a slump that began in 2020
Mexico’s Exports Skyrocket in Sign Nearshoring Is Thriving
Total Mexican shipments abroad rose 3.2% in annual terms last month, faster than the 1.1% increase in imports
Lego Targets Untapped US Regions for Growth With $1 Billion Plant
Lego A/S is targeting areas of the US where sales have been slow and expects a new $1 billion factory in Virginia, its first in the country, will help it win market share
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/VQ44YI6OJRFG7KR7VMBZGKLB7U.jpg "Reloaded Renault-Nissan Alliance Will Start With Five Projects")
Reloaded Renault-Nissan Alliance Will Start With Five Projects
Renault, Nissan and junior partner Mitsubishi Motors Corp. will embark on roughly five projects initially, codenamed “reloaded,” with others to follow, sources said
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/P63ZDC5OZJEBHCYI67A3HEUMIM.jpg "Whirlpool Stays and Invests Millions in Argentina While Other Companies Get Out")
Whirlpool Stays and Invests Millions in Argentina While Other Companies Get Out
The decision to supply the South American markets with washing machines also comes at a time where a growing number of companies are looking to near-shoring practices
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/5AYAIPGNMJDN7FZJSEM6OQQJCM.jpg "Manufacturing Locally Is Seen as More than a Fill-In Solution for American CEOs")
Manufacturing Locally Is Seen as More than a Fill-In Solution for American CEOs
Executives have been highlighting plans to relocate production, using the buzzwords onshoring, reshoring or nearshoring
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/HDJV7OTHMFF3TEWM56TEDCS57A.jpeg "Silicon Valley’s Push Into Cars Is Testing Aptiv’s Tech Makeover")
Silicon Valley’s Push Into Cars Is Testing Aptiv’s Tech Makeover
Aptiv has morphed from bankrupt GM supplier to shrewd tech company. Now, as carmakers change their playbooks, it may have to adapt again