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Latin American Economy & Business - February 2014 (ISSN 1741-7430)
Region: Brake, accelerate, or crash the gears?
If the Latin American automobile industry were a race, its leading exponents can be imagined coming round the bend right now into 2014, which is shaping up as an encouraging year for global vehicle demand. But at least two regional car makers, Argentina and Venezuela, seem to have developed internal engine trouble and are loudly crashing their gears. Brazil, traditionally number one, is still motoring along, although its average speed seems to be falling back a little. And Mexico, the number two, is accelerating loudly, burning up the tarmac, and getting ready to break lap records.
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