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 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.
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 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 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.
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.
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
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 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.