Mexican auto makers see lower 2004 exports to U.S.

Newswire

MEXICO CITY, April 30 (Reuters) - Mexico auto manufacturers on Friday predicted a fall in exports to key U.S. markets for a fourth consecutive year in 2004, as key car makers rein in production to prepare for the launch of new models next year. At the start of 2004, top industry body the Mexican Automobile Industry Association, or AMIA, forecast a 10 percent rise in exports, driven by a recovery in the U.S. economy. The United States accounts for 80 percent of Mexican car exports. But ...

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