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Mexico expects US$2 billion in investments to flow into its automobile sector in 2006.


MEXICO Mexico, city, Mexico
Mexico or Mexico City, Span. Ciudad de México (Méjico), city (1990 pop. 8,236,960; 1991 met. area est. 20,899,000), central Mexico, capital and largest city of Mexico.
 expects US$2 billion in investments to flow into its automobile sector in 2006. The government said capital spending capital spending

Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years.
 will expand existing production lines as well as build new facilities. Global car companies Nissan, Ford, Honda honda

a quick release metal eyelet for the end of a lariat. When the restrained animal is no longer required it is not necessary to slacken off the loop and pull it over the head—a very great advantage when working with wild cattle or unbroken horses.
 and Chrysler are expected to make the investments.
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Title Annotation:MEXICO
Publication:Latin Trade
Date:Mar 1, 2006
Words:45
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