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 American Herald Tribune reports that Mexico has seen a 30.6% drop in sales volume.
There seems to be little doubt that Chinese cars will hit the U.S. market some soon – the big question is when. At least one automaker is suggesting that Chinese cars will enter America by way of Mexico, with production starting in 2010 and sales in the United States by 2015 after first making the rounds in Latin America and Canada. That date may have been sooner had we not hit such a nasty global economic crisis.
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