Detroit’s Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico as they seek to reduce labor costs, while using higher-paid U.S. workers to build their very profitable trucks, sport utility vehicles and luxury cars.
New versions of several of their popular U.S. compact cars are expected to be made in Mexico, people familiar with the companies' plans said. They include General Motors Co’s new Chevrolet Cruze hatchback, a successor to Ford Motor Co’s Focus compact and a replacement for Fiat Chrysler Automobiles NV’s Jeep . . .
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Tactical Group reinforces security in Vallarta Puerto Vallarta, Mexico — In an effort to enhance safety and deter criminal activity, the Tactical Operations Group (GOT) has increased its presence in Puerto Vallarta. This is part of a broader strategy initiated by the Citizen Security Commission aimed at curbing crime in key areas of the city through heightened surveillance and increased police…
Mexican Peso Rebounds After Two-Year Low Amid Justice Reform Concerns and US Inflation Report Puerto Vallarta, Mexico - The Mexican peso appreciated on Wednesday following a steep decline, as concerns about the implications of a controversial justice system reform and the impact of a US inflation report weighed on investors. The currency recovered by 1.46%, closing at 19.8012 per dollar, compared to Tuesday’s weak finish of 20.1470 units—the peso’s…
Tropical Storm Ileana Forms Off the Coast of Puerto Vallarta, Brings Risk of Heavy Rain, Flooding, and Dangerous Surf Conditions Puerto Vallarta, Jalisco – Tropical Storm Ileana has formed off the coast of Puerto Vallarta, with forecasters warning of significant rainfall, dangerous winds, and hazardous surf conditions that could impact several coastal areas of Mexico. The storm, which is moving northwest, is expected to bring intense weather to Michoacán, Colima, Jalisco, and Baja California in…
Heavy Rain Causes Canal and River Overflow in Puerto Vallarta Puerto Vallarta, Mexico - A heavy downpour that began yesterday afternoon after 4 p.m. in Puerto Vallarta led to a significant rise in water levels across the city's canals, rivers, and streams, causing concern and precautionary closures in some areas. One vehicle was affected when the El Contentillo stream overflowed, highlighting the impact of the…
Return of Superpeso? The Mexican Peso Reached its Best Day in 17 Days on Thursday The Mexican peso experienced its best day in over two weeks on Thursday, bolstered by the weakening U.S. dollar as macroeconomic data from the United States signaled that the Federal Reserve (Fed) could begin reducing the cost of credit next week. The peso registered a gain of 1.62%, or 32.11 cents, closing at 19.4724 pesos…
Riviera Nayarit Rises as a Tourism Powerhouse with Major Hotel Developments Puerto Vallarta, Mexico - While Puerto Vallarta has seen a stagnation in new tourism-related developments over the past decade, the neighboring region of Riviera Nayarit is undergoing a significant transformation, positioning itself as a key player in Mexico’s booming tourism sector. With 14 new hotels currently under construction, some backed by major global brands, Riviera…
Civil Protection Issues Red Flag Warning on 19 Puerto Vallarta Beaches Following Tropical Storm Ileana Puerto Vallarta, Jalisco – In response to the dangerous conditions caused by tropical storm Ileana, Civil Protection authorities in Puerto Vallarta have issued a red flag warning on 19 public beaches along the city's coastline. The move is part of a broader effort by the municipal department to ensure the safety of beachgoers, urging both…
Tropical Depression Likely to Form Near Puerto Vallarta, Heavy Rainfall Expected Puerto Vallarta, Mexico – A broad area of low pressure situated a few hundred miles southwest of the Mexican coast is showing signs of further development as it continues to produce widespread showers and thunderstorms. This weather system, which stretches from the coast of Mexico and extends several hundred miles offshore, is expected to develop…
Mexican Peso Gains at Opening on Better Than Expected Inflation Report Puerto Vallarta, Mexico - The Mexican peso appreciated on Monday as investors reacted to local inflation data that came in lower than market expectations, while also keeping a close eye on developments surrounding a controversial judicial reform. The domestic currency, MXN, was trading at 19.8519 units per dollar, marking a 0.59% increase from Friday’s Reuters…
Heavy Rains Cause Havoc! Landslide Hits Key Tourist Highway Near Puerto Vallarta Puerto Vallarta, Mexico - A significant landslide has occurred on Federal Highway 200, commonly known as the Guadalajara-Vallarta free highway, severely impacting traffic in the area. The landslide, which resulted from heavy rains, is located near kilometer 121, between the coastal towns of San Pancho and Sayulita in the municipality of Bahía de Banderas, Nayarit.…
