Strength Of Mexican Market Attracts Indian Carmaker

Mexico's automotive industry is abuzz with rumours that the Indian carmaker Tata Motors is interested in selling its cars on the domestic market. One of the biggest carmakers on its home turf, Tata Motors is rapidly extending its global reach, with its vehicles passing European standards of quality and carmakers such as Fiat expressing an interest in forging alliances. That Tata Motors has now turned its attention to Mexico is an indication of the potential in the country's market. BMI is forecasting sales of 1.175mn CBUs (completely built units) in 2006, while we expect output to rise by 8% this

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