Mexico is becoming ever more attractive for automakers looking to cut costs, but challenges remain.

Posted on: January 7th, 2008
Filed Under: [ Business ] [ Hispanic News ] [ Blogante Business ]
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“2007 will be remembered as a historic year for the global automotive industry. For the first time the U.S. was displaced by Japan as the number one vehicle producer in the world, while a Japanese brand, Toyota, overtook GM as the world’s largest carmaker. For the first time in a decade, U.S. car sales will slip below the 16 million mark in 2007, a drop of 1.3 percent over the previous year. The U.S. continues to be the largest market for vehicle sales, but one that is shrinking, and with a recession looming vehicles sales are not expected to recover in the short term. “*

*From: http://www.latinbusinesschronicle.com
Traducido: usando Google o Altavista/Babel Fish

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