Mexico
To Claim Top Spot in Exports to U.S. By 2015
CELAYA, MEXICO - Mexico is on track to replace Japan, the
Asian automotive giant, as the second-largest exporter of cars to the United
States by the end of the year.
An $800 million Honda plant opening Friday in the central
state of Guanajuato will produce about 200,000 Fit hatchbacks a year, helping
push total Mexican car exports to the U.S. to 1.7 million in 2014, roughly
200,000 more than Japan, consulting firm IHS Automotive says. And, with
another big plant starting next week, Mexico is expected to surpass Canada
for the top spot by the end of 2015.
"It's a safe bet," said Eduardo Solis, president
of the Mexican Automotive Industry Association. "Mexico is now one of
the major global players in car manufacturing."
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Mexico To Claim Top Spot in Exports to U.S. By 2015
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