They say that if you want to go fast, you should go alone. However, if you want to go far, you should find someone to accompany you. It seems that automotive companies are taking this to heart because more and more players are joining forces to develop new products and compete with the giants of the industry.

Photo by Expansión

International

Renault-Nissan almost makes it to the top three OEM groups after rescuing Mitsubishi Motors.

Honda and Hitachi automotive systems create a joint venture to focus on electric vehicle motors.

CIE Automotive does not give up on NAFTA and acquires US company Newcor.

Despite being part of Trump’s business council, Elon Musk has seen Tesla’s stock price increase by 25 percent in 2017.

 

 

Photo by T21

National

Mexico stands out as Nissan’s fourth most important market globally.

Just as Nissan shows its commitment to Mexico, Japanese company Nisshinbo announces its departure from the country.

DINA delivers 190 units for two public transport routes in Mexico City.

 

 

 

Don’t forget to follow us on twitter at @mexautomotive and @mexautomotriz for the latest industry news.

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