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In light of these developments, Mexico grew to become the world’s seventh largest car producer and a very powerful in Latin America. Greater than eighty percent of the manufacturing of vehicles is devoted to export, which makes it the world’s 4th largest automobile exporter, behind Germany, Japan, and South Korea. Data collected by the Mexican Car Industry Affiliation present that 70.2% of Mexican car exports went to the US (in Q1 of 2015). Mexico is now the USA’s 2nd largest car supplier after Canada, take the spot that Japan had occupied since 1970.
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