México exports more automobiles to the EU

Mexico City— Mexico is the only country in America that exports vehicles to Europe and is among the top 5 for growth in such market, according to figures from the European Automobile Manufacturers Association. In 2011, autos from Latvia, Estonia, Lithuania, Iceland and Mexico posted the largest growth in sales in the European market, in that order. Last year, Mexico posted 23.9% increase in sales volume in Europe, selling 220,788 units; Latvia grew 77.8%; Estonia 73.5%; Lithuania 65.9% and Iceland 62.2%. The assemblers that export from Mexico to Europe are Chrysler, Nissan and Volkswagen, with a share of total exports equal to 23.4%; 9.5% and 67.1% respectively. The United States and Canada do not export vehicles to Europe.