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Sharay Angulo

UPDATE 3-Mexico could return to pre-pandemic economic activity in 2022 -central banker

Jul 29 2020

MEXICO CITY, July 29 Mexico's battered economy may not recover to levels seen before the coronavirus crisis until 2022 as it is poised to suffer the biggest quarterly contraction on record, a member of the Mexican central bank's board said on Wednesday.

Mexico to boost worker pensions, strikes deal with employers

Jul 22 2020

MEXICO CITY Mexican workers will get a major boost in their retirement benefits after the government and private sector ironed out the details of a pension reform that is expected to become law by early next year, the Finance Ministry said on Wednesday.

Ford says Mexican rail blockade near U.S. border hits operations

Jul 22 2020

MEXICO CITY Ford's Mexico unit said on Wednesday that a railway blockade in the Mexican border state of Sonora is affecting operations at its Hermosillo plant in the same state, as well as hitting imports and exports to and from the United States.

Mexico exporters urge government to respect foreign investors under new trade deal

Jul 01 2020

MEXICO CITY A top Mexican exporters' group on Wednesday urged the government not to spook foreign investors after a number of disputes erupted over major projects in the run-up to the start of a new North American trade deal.

Mexico lost a million tax-paying jobs over last three months

Jun 12 2020

MEXICO CITY Mexican job losses since March exceed 1 million as the economy shed nearly 350,000 formal jobs in May because of the coronavirus lockdown, though the pace of layoffs has slowed.

Mexican auto sector speeds to meet new trade rules as output falls

Jun 08 2020

MEXICO CITY Carmakers with operations in Mexico are racing against time to meet regional content rules outlined in the new North American trade agreement, the country's top auto group said on Monday, with one expecting output and exports to fall by almost a third.

Changes to USMCA steel requirements give Mexican auto sector headache

Jun 04 2020

MEXICO CITY, June 4 Late changes to a new trade deal agreed by the United States, Mexico and Canada will make it harder for companies in the auto sector to meet requirements for use of regional steel and aluminum, a local industry lobby said on Thursday.

Mexico's auto industry restart gathers steam as lockdown eases

May 27 2020

MEXICO CITY Mexico's auto industry reopening picked up pace on Tuesday, with Fiat Chrysler and BMW AG joining peers in gradually dusting off operations even as the wait for approvals slowed the return of some companies.

Mexico's auto industry restart gathers steam, Ford still waiting

May 26 2020

MEXICO CITY, May 26 Mexico's auto industry reopening picked up pace on Tuesday, with Fiat Chrysler and BMW AG joining peers in gradually dusting off operations even as the wait for approvals slowed the return of Ford Motor Co and other companies.

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