Latin America's Automotive Industry Plans to Kick Off Projects in Fourth Quarter, an Industrial Info Market Brief
Latin America's Automotive Industry Plans to Kick Off Projects in Fourth Quarter, an Industrial Info Market Brief
Latin America's automotive industry plans to kick off more than $2 billion in projects in fourth-quarter 2019, according to Industrial Info's project database. Brazil leads in spending, with more than $1 billion in projects, while Mexico leads in project numbers (26), totaling $578 million. Motor vehicles, passenger cars and bodies (assembly) plus parts and accessories are the sectors that generate more investments, followed by tiers and batteries.
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