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Mexico Activists Protest Return of Bullfights to Capital
  + stars: | 2024-01-28 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: 1 min
MEXICO CITY (Reuters) - Animal rights defenders in Mexico City on Sunday marched to protest the return of the centuries-old spectacle of bullfighting to the capital after almost two years. "Torture is not art, it is not culture," demonstrators shouted near the Plaza Mexico bullring. Mexico's capital held its first bullfight in almost two years on Sunday, after the Supreme Court paved the way for the spectacle's return in December. Bullfights have been held in Mexico since the 16th century. While a ruling suspended bullfighting in 2022 as a precautionary measure amid a longer-running case, the Supreme Court struck that decision down.
Persons: Bullfights, Toya Sarno Jordan, Aida Pelaez, Fernandez, Oliver Griffin, Stephen Coates Organizations: MEXICO CITY, Mexico Locations: MEXICO, Mexico City, Mexico
BMW sees Q3 surge in battery-electric vehicle sales
  + stars: | 2023-10-10 | by ( ) www.reuters.com   time to read: 1 min
A BMW i4 electric car is displayed during a media tour at the plant of German automaker BMW in San Luis Potosi, Mexico, February 3, 2023. REUTERS/Toya Sarno Jordan/File Photo Acquire Licensing RightsBERLIN, Oct 10 (Reuters) - German carmaker BMW (BMWG.DE) saw group sales of its battery-electric vehicles surge by 79.6% year on year in the third quarter of 2023 to 93,931 units, the company said on Tuesday. Total group sales increased by 5.8% that quarter and by 5.1% over the first nine months of the year, the company added. Writing by Rachel More Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.
Persons: Toya Sarno Jordan, Rachel More, Miranda Murray Organizations: BMW, REUTERS, Rights, Thomson Locations: San Luis Potosi, Mexico
[1/2] A BMW iX electric car is displayed during a media tour at the plant of German automaker BMW in San Luis Potosi, Mexico, February 3, 2023. Still, it warned that supply chain issues and inflation would likely continue to weigh on the rest of the year. BMW reported a 2.9% drop in second-quarter net profit, in line with analysts' expectations, after last year's figures were boosted by its decision to take majority control of its Chinese joint venture BMW Brilliance Automotive. BMW saw significantly higher revenues for the first half at 74 billion euros due in part to the integration of its Chinese joint venture BMW Brilliance Automotive (BBA) as well as higher sales and pricing. It paid 3.7 billion euros to take majority control of the Chinese joint venture in February last year, pushing up earnings before tax in the first half of 2022 by 7.7 billion euros.
Persons: Toya Sarno Jordan BERLIN, Victoria Waldersee, Friederike Heine, Edmund Klamann, Bernadette Baum Organizations: BMW iX, BMW, REUTERS, Thomson Locations: San Luis Potosi, Mexico, United States, China
[1/2] A BMW car logo is displayed during a media tour at the plant of German automaker BMW in San Luis Potosi, Mexico, February 3, 2023. REUTERS/Toya Sarno Jordan/File PhotoNEW YORK, Feb 21 (Reuters) - Rio Tinto on Tuesday said it would supply BMW with aluminum it produces in Canada using hydroelectric power, lowering the auto manufacturer's carbon footprint with respect to its procurement of the automotive metal. The UK-based mining company and the German automaker announced in separate statements that they had signed a memorandum of understanding (MOU) for Rio Tinto's hydro-powered operations in Canada to provide a BMW production plant in Spartanburg, South Carolina, with an unspecified amount of aluminum starting in 2024 -- a move that "could generate a reduction of up to 70 percent in CO2 emissions compared to the BMW Group's benchmark for aluminum," according to Rio Tinto. "The agreement to supply low-carbon aluminium" is also aimed at "ramping up our use of aluminium with no direct CO2 emissions from the smelting process," wrote Joachim Post, member of the Board of Management of BMW AG, which is responsible for its purchasing and supplier network. Reporting by Stephen Culp; Additional reporting by Ernest Scheyder; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
[1/4] Milan Nedeljkovic, BMW’s head of production, and Harald Gottsche, President and CEO at BMW Group Plant San Luis Potosi, shake hands during the announcement of a multimillion dollar expansion at the plant of German automaker BMW in San Luis Potosi, Mexico February 3, 2023. REUTERS/Toya Sarno JordanSAN LUIS POTOSI, Mexico, Feb 3 (Reuters) - German automaker BMW (BMWG.DE) will invest 800 million euros ($866 million) in the central Mexican state of San Luis Potosi to produce high-voltage batteries and fully electric "Neue Klasse" models, the carmaker said Friday. Gottsche added the Mexico plant was in the process of increasing its solar production on-site and swapping out natural gas for biomethane. Mexico has also increasingly made the push for EVs as it looks to turn half of auto production electric by 2030. ($1 = 0.9236 euros)Reporting by Kylie Madry in Mexico City; Additional reporting by Toya Sarno Jordan in San Luis Potosi; Editing by Chizu Nomiyama and David GregorioOur Standards: The Thomson Reuters Trust Principles.
REUTERS/Toya Sarno Jordan/File PhotoSHANGHAI, Nov 30 (Reuters) - BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outperforming the Volkswagen brand in a reversal that highlights the pressure on legacy brands in the world's largest auto market. Tesla's (TSLA.O) retail sales in China also nearly doubled in November, from a year earlier, after the U.S. automaker cut prices and offered incentives on its Model 3 and Model Y, the data from China Merchants Bank International (CMBI) showed. Retail sales for BYD totaled 152,863 vehicles from Nov. 1 to Nov. 27, logging a nearly 83% increase in average daily sales compared to the same period a year earlier, according to the data. BYD's tally was higher than Volkswagen's retail sales of 143,602 retail sales and Toyota Motor Corp's (7203.T) 115,272, which were 0.3% and 0.5% lower, respectively, on the year. However, the Volkswagen AG group still outsold BYD, when the 36,847 units sold under the Audi brand are included.
[1/4] The interior of the BYD HAN EV is displayed as the Chinese electric-vehicle producer announces its expansion to the consumer market next year in Mexico, in Toluca, Mexico November 29, 2022. As per Mexico's Automotive Industry Association, just 4.5% of cars sold in the first eight months of this year were hybrid, or around 31,000 of nearly 693,000 sold in total. While BYD declined to name starting prices of its vehicles in Mexico, Zou stressed the company's affordability. BYD's Zou also said the company aimed to sell cars through 15 licensed dealers in Mexico by the end of 2023 and hit 30 by 2024. Zou said as U.S. states such as California go fully electric, Mexico — which produces a vast amount of cars for its northern neighbors — will likely follow.
German president urges Mexico to stand against Russian invasion
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +2 min
German President Frank-Walter Steinmeier shakes hands with Mexico City's Mayor Claudia Sheinbaum during a ceremony to honor him with a Distinguished Guest recognition at City Hall in Mexico City, Mexico September 20, 2022. REUTERS/Toya Sarno JordanMEXICO CITY, Sept 20 (Reuters) - German President Frank-Walter Steinmeier on Tuesday urged the Mexican government to stand with Europe in opposing the Russian invasion of Ukraine, invoking the spirit of one of Mexico's legendary leaders in his appeal. In a speech to the Mexican Senate following a meeting with President Andres Manuel Lopez Obrador, Steinmeier said failure to close ranks against Moscow's attack on Ukraine posed a threat to global democracy. Lopez Obrador has himself repeatedly made reference to the words of Juarez quoted by Steinmeier when urging countries to show mutual respect. Register now for FREE unlimited access to Reuters.com RegisterReporting by Dave Graham; editing by Stephen EisenhammerOur Standards: The Thomson Reuters Trust Principles.
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