Production of cars and trucks in Mexico in 1998 finished 7.7% ahead of like-1997 totals, 1,459,478 vs. 1,354,614, year-end data show (see data p.6). Automakers increased line rates to meet a growing market at home, with production for domestic consumption up 27.2% against year-ago (437,937 vs. 336,643), while output for foreign markets was flat (0.3%) compared to like-1997. Analysts are calling for production to grow again in Mexico in 1999 as automakers increasingly rely on Mexican-built ...
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