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16.03.26 - 16:39
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Mexico Truck Production Plunges 50% In February As US Exports Slow (ZeroHedge)
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Mexico Truck Production Plunges 50% In February As US Exports Slow
By Noi Mahoney of FreightWaves
Mexico's heavy-vehicle industry posted sharp year-over-year declines in production, exports and sales in February, signaling continued weakness across the country's truck manufacturing sector.
Mexico's National Institute of Statistics and Geography (INEGI) reported that 6,974 heavy vehicles were produced in February, a 49.1% decline compared to the same month in 2025. Exports also fell, with 7,849 units shipped abroad, a 32% drop year over year.
The declines also offer a window into the broader North American freight cycle. Mexico is a key production hub for tractor-trailers used by U.S. fleets moving goods across the U.S.-Mexico border. When freight demand softens or carriers delay fleet upgrades in the U.S., Mexico's truck factories and export volumes often move in tandem.
Domestic demand also weakened significantly. Retail sales totaled 2,303 units in February, down 38.9% from a year earlie...
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13.03.26 - 23:36
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New Mexico Bets Big On Fusion And Defense Startups (ZeroHedge)
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New Mexico Bets Big On Fusion And Defense Startups
New Mexico's $70 billion sovereign wealth fund is making a major push to attract advanced technology industries to the state, betting that sectors such as nuclear fusion, defense systems, and advanced manufacturing can generate both financial returns and local economic growth, according to Bloomberg.
A centerpiece of the effort is a proposed $1 billion research and manufacturing campus by startup Pacific Fusion near Albuquerque. The company is working to commercialize nuclear fusion, the reaction that powers the sun and stars, though practical power generation remains years away. To help support the effort, the New Mexico State Investment Council has committed hundreds of millions of dollars to venture capital funds that invest in fusion companies, signaling that capital will be available if firms choose to build and expand in the state.
The strategy reflects a broader overhaul of New Mexico's in-state investment program. Over the past three...
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