Mexican car and truck production hit 131,887 units in March, a decline of 2.7% from year-ago's 135,000 (see complete data p.6). While March's performance easily was the best for 1999, outturn for domestic consumption fell 12.3% (36,059 vs. 41,101) — the fourth decline in the last five months. Vehicle sales in Mexico are expected to get worse before they get better. Sales fell 15% during the first quarter. But analysts expect a second-half turnaround that could lead to record levels by ...
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