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Latin America Business News

August 2013 Archives

Auto Production, Sales in Mexico Increase, Exports Decrease

Auto Production, Sales in Mexico Increase, Exports Decrease

Sales and production of automobiles grew 9.3 percent and 4.1 percent, respectively, in the January-July period, compared to the same period in 2012, but exports fell 2.1 percent, the Mexican Automotive Industry Association, or AMIA, said. continue reading »

Penonome Wind Farm Now Being Built in Panama

Penonome Wind Farm Now Being Built in Panama

Workers have started assembling the Penonome wind farm, the first alternative energy facility of its kind in Panama and the largest in Central America with more than 100 towers. continue reading »

2013 2nd Quarter: Mexico Economy Grows 2.5%

2013 2nd Quarter: Mexico Economy Grows 2.5%

Mexico's gross domestic product grew at an annual rate of 2.5 percent in the second quarter of this year, the government said. "The Mexican economy continued in an expansion trend, albeit with less than expected dynamism," continue reading »