Need to Know
November 20, 2012 12:29 AM
Inside Mexico, auto plants hit the gas
Posted by Staff
The Wall Street Journal reports:

Minister Bruno Ferrari boasted that a batch of new factories planned by car makers will help Mexico surpass South Korea in a few years.

New trade deals and low-cost labor have made Mexico a profitable base for car production. It's also attracting other parts of the auto-supply chain, from steel mills to brake makers, as the "made in mexico" trend grows. WSJ's Nicholas Casey reports.
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