Mexico’s Automotive Manufacturing Expands Despite Lackluster Sales in the U.S.
North American Production Sharing, Inc. (NAPS) expects further expansion in the Mexico Automotive Manufacturing Sector through 2016Automotive manufacturing in Mexico , including auto parts, remains a bright spot for the Mexican economy with exports close to $65 billion in 2010, exceeding revenues from crude oil, remittances and tourism. Automotive exports to the U.S. fell by 14.5% in August compared to 2010, with exports to Europe partly offsetting the U.S. decline in demand. The overall Mexican economy is