Mexico is eighth automotive producer
Mexico, Mexico.- In 2011 Mexico ranked eighth in the world among vehicles producers, leaving Spain and Canada behind, according to the International Organization of Motor Vehicles Manufacturers (also known as OICA, its French Acronym).
In a few years, Mexico joined the top 10 vehicles manufacturers, climbing from 11th in 1007 to 9th last year and reach 8th now, according to OICA.
Not only that, among the Top 10, Mexico posted the largest increase in production last year. Total vehicles production in the world reached 80.1 million units; 3% over 2010; of which Mexico manufactured 2 million 680 thousand, 338,000 units more than in 2010, for a 14.4% increase.
Source: El Economista | Date: 27/03/2012