Mexican auto sector grows, falloff feared

Nov 30, 2011 | 01:51 PM | Stephen Downer

Tags  Mexican auto sector, Joaquín Loose, automotive, Ina, Chrysler, Ford, General Motors, Nissan Volkswagen

MEXICO CITY — Auto industry suppliers in Mexico produced parts valued at $65 billion in 2011, up 13 percent from $57.54 billion last year, according to the national suppliers’ association, Industria Nacional de Autopartes AC (Ina).

But Ina’s forecast for next year calls for an increase of just 1 percent over 2011, to $65.72 billion, and senior board member Joaquín Loose told AMM he’s fearful of what lies further ahead.....

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