Japanese, German Automakers Drive Mexico Building Spree

Newswire

  * Foreign automakers doing most of the new spending * Audi, BMW and Daimler among the newcomers * Detroit 3 have no short-term plans to boost vehicle output By Paul Lienert DETROIT, Oct 20 (Reuters) - The Mexican auto industry is about to go on a $10 billion factory building spree, illustrating the nation's rising economic challenge to rivals from the United States to China. Japanese and German auto manufacturers are spearheading the drive, say parts suppliers and ...

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