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. 

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