Business gears up. (automobile industry expands in southern South American nations) (Mercosur Survey) From: The Economist (US) | Date: October 12, 1996 | COPYRIGHT 1996 Economist Newspaper Ltd. 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

The leading industry among the southern nations of South America is the motor car industry. Components, management and other elements essential to production are somewhat fluid as between the Mercosur members and their neighbors. Food companies and breweries are also key traders.

"BRAZIL is a country where we have to be, and Mercosur makes it easier to be here," says Raymond Jahiel, the president of Renault's local operation. The motor industry, in fact, has led the way toward maki...