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Latin America's Auto Giants Strive to Secure Markets

Nov 12, 2018 | 11:00 GMT
New Peugeot and Citroen cars await shipment on the pier in Rio de Janeiro, Brazil, in February 2017.

New Peugeot and Citroen cars await shipment on the pier in Rio de Janeiro in February 2017. Brazil's auto sector is aiming to expand beyond its domestic market, while its counterparts in Mexico have secured continued access to the massive U.S. market.

(DENYS YELMANOV/Shutterstock)

When it comes to Latin American automotive production, two giants dominate the scene: Mexico and Brazil. Together, they produced 6.8 million light and commercial vehicles last year, representing around 7 percent of the globe's total output. The two countries are also heavily integrated into global automotive supply chains, as Mexico's...

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