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
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
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’.
