INTERVIEW-Mexican auto parts to recover in 2011/12

Newswire

By Luis Rojas MEXICO CITY, Aug 31 (Reuters) - Mexican auto-parts makers, which supply the country's U.S. and European car exporters, could take three years to claw back to pre-crisis production levels, an industry group said on Monday. Mexico's automobile exports and production plummeted 40 percent between January and July, and the sector has been hit by partial closures of assembly lines as Americans buy far fewer cars and struggle in one of the worst recessions in decades. Sophie ...

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