Growth prospects for the automotive industry in Mexico
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The automotive industry in Mexico shall grow in such a way that this Country will become the sixth producer worldwide by 2020, asserted Andres Lerch, partner of the international firm EY. He considers that Mexico has an important tendency to surpass countries like India. This production rate might be accomplished before the year 2020, when the automotive industry in Mexico has plans to manufacture 5 million vehicles per year. Assembler plants currently under construction such as Infiniti, Mercedes Benz, Toyota and BMW are planning to start production before 2020.