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Nissan says exports from Mexico to rise by 2.2 percent

Tuesday, March 27, 2012

Japanese carmaker Nissan Motor expects exports from its Mexico operations to rise 2.2 percent to 420,000 units in 2012, the company's chief in Mexico said.

The company added it expects the value of auto exports to Brazil from Mexico to fall "significantly" after the Mexican government this month agreed to a temporary curb on its auto exports to Brazil.

Nissan, Japan's second-largest auto maker, said in January that it would build a new, $2 billion plant in Mexico to boost sales in the Americas.

Source: Reuters