BorgWarner announced a $198 million investment for a new 64,000 square metre plant in San Luis Potosi, Mexico, making electronic power components and electric motors. It will create 380 jobs and is expected to start operations in the second half of 2024.

Martinrea announced a $45 million investment to open a new plant in Ramos Arizpe, Coahuila, Mexico, adding 350 jobs and raising output toward 30 million parts per year within three years.

Hitachi Astemo will invest 56 million dollars over two years to improve industrial safety at its Lerma plants in Mexico, creating 480 new jobs, the state governor announced.