Mexico auto production and exports rose in September compared with the same month last year, the Mexican Auto Industry Association (AMIA) said on Monday.
Mexico auto production output was up 10.7 percent in September, while shipments were up 2 percent for the month, AMIA said.
Mexico’s rising auto fortunes were solidified earlier this year when its production surpassed that of Latin American rival Brazil. Auto industry analysts predict the trend to continue after manufacturers like BMW announced plans to invest $1 billion in a plant in the central Mexican city of San Luis Potosi that will build 150 . . .
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