The Automotive Sector In Mexico Is Down But Still Boosting - America News Hour

The Automotive Sector In Mexico Is Down But Still Boosting

Automotive Sector In Mexico

By attacking the North American Free Trade Agreement, assuring a U.S. –Mexico border wall and approving the protectionist policies, President Donald Trump has accomplished to dip the country’s automobile industry over the last year.

The uncertainty in economy is kryptonite for the confidence of consumer, and the combination of threat of Trump to exit NAFTA and the viewpoint of a leftist Mexican president taking charge in December post elections in July has car buyers on edge.

The automobile sales in Mexico dipped to 7.2% in the month of February to 109,484 units, bringing the accrued retreat for the first two months of the year to 9.4%.

About the Author

Barbara D. Issa
Barbara
Barbara is a freelance journalist and an expert in Finance, agricultural investments, economics, financial markets, new media, international relations & politics.

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