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Kavak was founded in Mexico in 2016. [1] In August 2020, Kavak launched in Argentina. [3] By October 2020, Kavak became the first unicorn in Mexico when its valuation exceeded one billion US dollars. [3]
Gigafactory Mexico (also known as Gigafactory 6) is a proposed manufacturing plant for Tesla, Inc. to be constructed near Monterrey, Mexico, [2] with new vehicle production expected as early as 2026. [3]
Nemak, S.A.B. de C.V., known as Nemak, is a global automotive parts manufacturing company headquartered in García, Nuevo León, a municipality next to the City of Monterrey, Nuevo León, México. The company manufactures a wide range of automotive parts and systems with primary focus on aluminum auto parts, mainly engine blocks , cylinder ...
On average, consumers owed $6,838 on upside-down auto loans, which is an all-time high. Worse yet, some 1 in 4 consumers with negative equity owe more than $10,000 on their loans when they're ...
The auto industry may get upended as President Trump looks to implement tariffs. On Tuesday, the president floated automotive tariffs of 25% — which could hammer US automakers like General ...
Francisco Salinas, owner of the Muscoy taco stand El Lagunero, cooks a baby goat and sausages over a fire in the yard of an auto body shop. Salinas typically cooks four cabritos a day.