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Mexico's small-car market is booming

Tuesday, October 18, 2016

It's not just the wages. There's another motivation for automakers flocking to Mexico to build small cars that would be tough to build profitably in high-wage nations like the U.S., Japan and Germany: the booming local market.

Mexico's auto market is enjoying an 18 percent gain in new-vehicle sales through September, on top of 2015's sales gain of 19 percent, breaking all volume records.

Source: Automotive News