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In Mexico's red-hot auto market, even VW does well

Thursday, January 7, 2016


While the German carmaker’s annual sales were set to decline worldwide for the first time in 11 years after it admitted to cheating on emissions tests, they gained more than 10 percent in Mexico through November.

It would be difficult for the brand to do poorly, said Mexico’s dealers association, when the local auto sector expanded almost 20 percent in 2015, beating estimates and records.




Source: Bloomberg