Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Uruguay

Mexico Next On Radar As Brazil And Argentina Fuel Uruguay's Growing Parts Sector

January 2011 | Industry Trend Analysis

Uruguay's parts segment is turning out to be a major beneficiary of the growing auto production in Latin America. Thanks to a record-breaking 41.2% y-o-y increase in Argentine vehicle output in 2010 ? and 14.3% y-o-y in Brazil ? Uruguay exported over US$219mn in auto components last year, up nearly 29% compared with 2009.

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