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Latin America's Automotive Industry Plans to Kick Off Projects in Fourth Quarter, an Industrial Info Market Brief

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Industry Segment: Market Brief | Word Count: 78 Words

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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