Mexican Auto Production Up
The 168,543 cars and trucks that rolled off Mexican assembly lines in April represent a 12.5% boost from March and a 19.3% increase from April 2001.
With three of every four vehicles assembled in Mexico destined for U.S. and Canadian showrooms, the increase is a clear sign that the U.S. economy is reviving, said the Mexican Automotive Industry Assn., a manufacturer trade group that releases the statistics.
Meanwhile, Mexican domestic sales continue to show healthy gains with year-to-date sales of 324,611 vehicles, equaling a 11.2% increase over the same four months in 2001.
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Chris Kraul