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Mexican auto industry's domestic sales are weak

Monday, March 30, 2015

Despite Mexico’s powerful and surging auto industry, the domestic market for new cars is surprisingly weak.

What is robust in Mexico is the market for used cars. Auto brokers every day sweep up more than 1,000 discarded or partially wrecked vehicles at U.S. auctions and bring them back across the border to be sold at used car lots.

Source: Tribune News Service