Volkswagen

This investment, which will include the modernization of the paint shop, is part of a regional strategy to expand the production of electric vehicles in North America.

Porsche's share price regained momentum after investment banks involved in its IPO bought nearly 3.8 million shares for €312.8 million.

The valuation of between 70,000 and 75,000 million euros, would make it the second largest IPO in history in Germany.

Workers at the Puebla plant voted to accept the STPS proposal that the increases be retroactive to July 20, the day the agreement was signed.

In the initial vote on August 5, about 70% of workers went to the polls. The votes against the agreement exceeded the ballots registered in favor.

Both companies are "moving to agree" on Taiwan Semiconductor Manufacturing Company (TSMC) to make it.

The automotive industry has been experiencing supply chain disruption for more than two years. The light at the end of the tunnel is still far away.

In Mexico, the idea has prevailed that the bigger and more powerful a car is, the more car it is. But rising gasoline prices and pressure to cut emissions are pushing automakers to speed up development of small turbocharged engines.