New Market Research Report: Mexico Autos Report Q4 2013
Light vehicle sales in Mexico increased by 9.3% y-o-y in 7M13, to 588,632 units. BMI forecasts passenger car sales to increase by 6.6% and LCV sales to increase by 8.0% in 2013. We believe that total private consumption in Mexico will increase in the latter part of the year, informing our broadly positive outlook, although we expect the light vehicle sales growth rate to moderate somewhat towards the end of 2013, as the marked increases seen in Q412 are unlikely...
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