Mexico Overtakes Japan as No. 2 Car Exporter to US Agence France-Presse
go to original April 10, 2014

Mexico is on track to replace Japan as the second-largest exporter of cars to the United States by the end of 2014, and is expected to surpass Canada for the top spot by the end of 2015. (Associated Press)

MEXICO CITY - Mexico's booming auto industry has reached a major milestone, claiming to have overtaken Japan as the second biggest car exporter to the United States in the past three months.

The Latin American nation now only trails Canada, but experts say Mexico could become the top exporter to its northern neighbor as soon as 2015, a potent symbol of its growing global clout in the sector.

Industry analysts had expected Mexico to surpass Japan by the end of the year, but the Mexican Automobile Industry Association (AMIA) says it has happened faster than expected.

"It does not surprise me that they did (overtake Japan), and that number will even get bigger," Haig Stoddard, industry analyst at Michigan-based WardsAuto Group, told AFP.

The figure came in an AMIA report this week showing record production in the first quarter, with 774,731 units rolling out of plants in Mexico, a 6.5 percent increase from the same period last year.

AMIA, using its own statistics and WardsAuto figures, said the United States imported 428,376 "Made in Mexico" cars compared to 408,405 from Japan between January and March. Analysts say the figures are credible.

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