AUTOMOBILE INDUSTRY WILL GROW IN 2005 From: Infolatina | Date: July 9, 2004 | . Provided by ProQuest LLC.Copyright information

Infolatina
07-09-2004
Automobile industry will grow in 2005

MEXICO CITY, Jul 09, 2004 (El Universal/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Automobile production will continue to be low during 2004 for the fourth consecutive year. The sector is expected to show positive figures in 2005 because of favorable conditions in the export sector, which absorbs three quarters of the sector's production. Since 2001, the indicator has shown a negative trend because of low demand in the United States, the main market for Mexican automobile manufacturers.<P>Csar Flores, ...