Trump is not a hindrance: Mexico is increasing exports of cars

Trump is not a hindrance: Mexico is increasing exports of cars

Despite the fact that the new American leader previously promised to put «sticks in wheels» transferring production from the USA to Mexico to automakers, the automotive industry of the southern neighbor of the United States continues to develop actively.

According to Automotive News, during March of this year, Mexican plants exported 297,571 cars, which is 33% higher than the figures for the same period last year. For the first quarter, exports increased from 657,058 to 750,162 vehicles.

In the US, imports from Mexico grew by 14% in the first quarter, to 568,075 cars. In general, more than three quarters of vehicles exported from Mexico are bought by Americans.

Trump is not a hindrance: Mexico is increasing exports of cars.

President of the Mexican Association of Automotive Industry Eduardo Solis from http://roadmapsroutefinder.com/ said that this situation is related to the softening of rhetoric from the administration of the White House, and the automakers have now taken a wait-and-see position until the final results of negotiations on NAFTA — the North American Free Trade Area Agreement , Which Donald Trump wants to update.