Showing posts with label Mexico's car industry. Show all posts
Showing posts with label Mexico's car industry. Show all posts

Jul 18, 2014

Mexico overtakes Brazil as top car manufacturer in Latin America

El País: Asian and European car brands are investing heavily in Mexican-based assembly plants, catapulting the country’s auto industry to unknown heights.

A few days ago, Mexico became Latin America’s leading car maker, ahead of Brazil. In the first half of 2014, the country’s plants produced1.59 million automobiles, a 7.4-percent rise from the same period in 2013. Meanwhile, Brazil’s production in the first six months of this year fell back to 1.57 million units. Read more.