Around 300,000 vehicles will cross the border into Mexico over the next seven weeks never to return to the US, writes Reforma/Infolatina (11/12/00) citing the Mexican Auto Industry Chamber (AMIA) leader Cesar Flores.
Go deeper with GlobalData
The Mexican Congress is set to decide over Christmas whether owners of an estimated 2 million cars and trucks smuggled into Mexico should be allowed to ‘regularise’ their vehicles.
The Senate recently passed through a bill – currently under review at both of the Chamber of Deputies committees – allowing for illegally imported vehicles to be legalised.
Mr Flores said that unless custom controls – when introducing used vehicles into Mexico – are stepped up, the local market will be flooded with ‘garbage’.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
