January’s light-vehicle production in Mexico plummeted 50.4% from year-ago to 84,786 units, as auto makers respond to falling demand by cutting their monthly builds. Production for export in the month fell 55.3%, compared with like-2008, to 58,917 units, while domestic output dropped 34.0% to 25,869. U.S. Detroit Three production plunged 68.2%, compared with year-ago, to a mere 26,011 units, with General Motors de Mexico S.A. de C.V. posting a steep 56.2% decline to 19,041 and Chrysler ...
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