MEXICO CITY Mexico
exported far fewer automobiles to Latin America in January than
it did a year earlier, but it boosted its overall exports by
14.2 percent to 178,562 vehicles by expanding shipments to
North America, Asia, and Africa, according to Mexican
automotive association Amia.
Mexico exported 14,192
automobiles to Latin America last month, down 56.2 percent from
January 2012. "This decrease is a result of the implementation
of export quotas to Brazil and Argentina, the main markets of
our sales in South America," the association said.
Shipments to Brazil fell 88.2
percent to 2,128 vehicles, while exports to Argentina dropped
45.8 percent to 2,460.
Sales to the United States,
however, increased 31.5 percent to 128,961 vehicles; shipments
to Canada rose 16 percent to 11,921; exports to Asia jumped 227
percent to 4,366; and sales to Africa soared 403.7 percent to
A version of this article was first
published by AMM sister publication Steel