Mexico Autos Q4 2018
Growth in the Mexican economy will accelerate in 2018, as US economic strength and oil production gains outweigh theeffects of uncertainty on investment. Furthermore, an AMLO victory in the July presidential vote will likely bring an end to fiscalausterity, providing some much needed support for vehicle sales in 2019 on wards. However, 2018 is still expected to be a verydifficult year for the Mexican automotive in which we forecast total vehicle sales to contract by 10.0%.
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