Temporary reactivation in auto parts industry
Mexico City,- “Clunkers” Program in the USA provided for a reactivation in vehicles assembly in the USA and practically in every factory in Mexico, which also fostered a recovery in auto parts and components production in Mexico. However, this industry does not know yet for how long can this reactivation be maintained.
Agustin Rios, Chairman of Mexican Auto Parts Industry Association, Industria Nacional de Autopartes (INA), pointed this out in an interview and added that orders for auto parts and components by vehicles assemblers did have a significant increase in August and September. The industry relates this recovery to the support given by the US Government to their “Clunkers” Program, which has ended but did contribute to increase sales of new cars there.
Mexico City,- “Clunkers” Program in the USA provided for a reactivation in vehicles assembly in the USA and practically in every factory in Mexico, which also fostered a recovery in auto parts and components production in Mexico. However, this industry does not know yet for how long can this reactivation be maintained.Agustin Rios, Chairman of Mexican Auto Parts Industry Association, Industria Nacional de Autopartes (INA), pointed this out in an interview and added that orders for auto parts and components by vehicles assemblers did have a significant increase in August and September. The industry relates this recovery to the support given by the US Government to their “Clunkers” Program, which has ended but did contribute to increase sales of new cars there.
Source: BASE - 24 September 2009
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08 September 2010
