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Automobile industry to enjoy investments of US$4 billion.
From:
Internet Securities
| Date:
February 3, 2004
| COPYRIGHT 2004 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
|
MEXICO CITY, Feb 02, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The automobile company, Chrysler will soon enjoy investments of some of US$4 billion to expand its productive capacity in Mexico, although these funds will be distributed progressively, as projects move along over the next few years.
The Undersecretary of Domestic Commerce of the Secretariat of Economy, Rocio Ruiz, confirmed that automobile manufacturers in Mexico are looking to specialize in two or three models, such as has been done by Volkswagen with its Golf, Jetta, and Beetle ...
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