Mexico group sees autopart exports up 8 pct in 2004

Newswire

MEXICO CITY, Feb 24 (Reuters) - Mexico's autoparts industry, Latin America's largest, could see an 8 percent rise in exports this year, helped by the weak peso and strong U.S. demand for parts, an industry spokesman said on Tuesday. A decline in new car sales in the United States, the world's biggest auto market, could translate into higher demand for spare parts for used cars, said Omar Zuniga, head of economic studies at the National Autoparts Industry (INA). "We estimate growth for ...

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