32. U.S.–Mexico Business History with Andrew Paxman; JAC and Giant Motors with Daniela Dib; McCormick–Herdez Deal, and Mexico’s Banking Shake-Up

In this episode, we interview academic Andrew Paxman on the history of U.S.–Mexico business ties. Daniela Dib of Whitepaper discusses how the JAC/Giant Motors alliance is emerging as an attractive model for making affordable EVs in Mexico. We break down McCormick’s $750M deal with Herdez and its impact on the food sector, analyze the banking shake-up involving Intercam, CIBanco, Kapital, and Multiva, and cover the CEO change at Nu México. Finally, we take a cautious look at the ambitious Taruk electric bus project led by Megaflux.

Try Whitepaper 30 days free

Buy your Whitepaper merch here

What is MexMoves?

Each week, Damian Fraser and Eduardo García dissect Mexico’s most important business stories with global impact—and bring on a guest to explore a subject the headlines missed