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Mexico to trump Japan as second U.S. car exporter

Friday, February 21, 2014

Mexico is on track to replace the Asian automotive giant, Japan, as the second-largest exporter of cars to the United States by the end of the year.

An $800 million Honda plant opening Friday in the central state of Guanajuato will produce about 200,000 Fit hatchbacks a year, helping push total Mexican car exports to the U.S. to 1.7 million in 2014.

The figure is roughly 200,000 more than Japan's total exports.

Source: AP