Car sales climb. (New Business).Mexico's domestic automobile sales in July July: see month. increased by 7.6%, compared to the year-ago period, thanks to aggressive low-interest Adj. 1. low-interest - (used of loans) charging a relatively small percentage of the amount borrowed high-interest - (used of loans) charging a relatively large percentage of the amount borrowed and deferred payment financing plans. Meanwhile, automobile exports dropped 12% during the month, largely the result of the poor state of the U.S. economy, where Mexico's carmakers send the bulk of their exports, said the Mexican Mexican named after or originating in Mexico. Mexican axolotl see ambystomamexicanum. Mexican beaded lizard (Heloderma horridum Automobile Industry automobile industry, the business of producing and selling self-powered vehicles, including passenger cars, trucks, farm equipment, and other commercial vehicles. Association (AMIA). Total industry production was up in July by 5.7%, while export production slipped 1% and production for local consumption climbed 34%. Car sales in Mexico have trended upward over the past several months, despite the struggling economy, thanks to attractive financing plans and lower prices. |
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