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LatinAmerica

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    Border Drive? Umm... No. Mexico car production reportedly down nearly 40%     1255639140

    Mexico hasn't accounted for nearly as much ink as the U.S. and Canada in recent discussions of the auto industry. But in case anyone was wondering, they're in a big hurt south of the border as well. While the American market's decline in auto sales factors in at about 25% overall, the Latin ...

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    Mexican Cash-for-Clunkers program announced, only brands built in country are eligible     1247835540

    Mexican President Felipe Calderon has announced a Cash-for-Clunkers program for buyers wishing to trade their cars in for something locally produced. So far, 500 million pesos ($37M USD) have been set aside for the program, but Calderone has reportedly said the subsidy could be doubled to one ...

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    Port of Veracruz hunkers down and waits for Hurricane Dean     1187699580

    The port in Veracruz, Mexico, which ships ten to fifteen thousand vehicles per month, can do little but wait to see how powerful Hurricane Dean is going to get and where it's going to land. Though a port official said some think it might fall to the right of Veracruz, the port has been closed to ...

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