Mexican car and truck production totaled 132,360 units in May, a 1.7% increase from year-ago's 130,097-unit performance (see complete data p.6). May results represent the second consecutive month vehicle production has remained flat with reputable like-1998 totals. Initial 1999 forecasts called for the automotive industry to continue to recover and improve against year-ago levels. But the domestic market is not recuperating further due to an inactive credit system, the lack of competitive ...
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