Manufacturing in Mexico – Industry News

Mexico to Boost Auto Output 38% Within Three Years, Agency Says

Mexico will boost annual auto output by 1 million vehicles within three years, a 38 percent jump from last year, as foreign manufacturers use the country as an export base, said Carlos Guzman, head of the nation’s investment promotion agency.  Investments already announced by carmakers will allow Mexico, the world’s fourth-largest auto exporter, to increase annual production from last year’s 2.6 million units, Guzman, president of ProMexico, said in an interview yesterday at Bloomberg’s Mexico City office.  Read more:

Mexico to Boost Auto Output