US auto sales drop 3.2% in March on higher interest rates and low incentives
Auto sales declined in the U.S. market during March primarily due to higher interest rates and relatively low incentives, according to industry analysts.  Figures from AutoNews Data Center show that global automakers sold 1,605,715 light vehicles last month, which represents a 3.1% drop. First qua...
Toyota unveils Mazda2-based Yaris hatchback for the US market
Toyota Motor Corporation confirmed that for the model year 2020, the Yaris Liftback that it marketed in the U.S. will be replaced by a new version manufactured in Mexico along with the Yaris sedan. The all-new 2020 Yaris hatchback, which will debut at the New York International Auto Show, will be o...
As Mexico builds more expensive cars, imports flood its local market
In the first two months of the year, 66% of new light vehicles sold in Mexico were imports, which is the higher percentage ever recorded, says a new report by El Financiero based in figures by the National Institute of Statistics and Geography (Inegi). This increase in imports, says the piece, is d...
Mexico is now fourth largest auto exporter in terms of value, says report
In 2018, Mexico hiked from sixth to fourth position in the rank of biggest car exporters worldwide in terms of value, says a report by El Economista citing figures from the World Trade Organization (WTO). According to the piece, the value of Mexico’s auto exports totaled US$49.4 billion last year...
Ford’s top-selling dealers get a glimpse of electric crossover, Bronco prototypes
Ford’s top-selling auto dealers in the U.S. got the chance to see the prototypes of three new vehicles the automaker plans to launch over the next two years, AutoNews reported. Among those new models in one already confirmed to be manufactured in Mexico and two more arguably will be built in the c...

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