Abstract

Mexican Auto Swindle
Fenster, Leo | June 2, 1969 issue

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The article presents information on the Auto industry in Mexico. The Auto industry, issued on August 23. 1962, by the government of past President Adolfo Lopez Mateos. It was designed to thrust Mexico into an auto economy, the inevitable dividend from that being an expansive modern industrial plant. That was the theory, based on what had obviously happened in the United States. And the essence of the decree was simplicity its elf. It declared that within a very few years 60 per cent of any car must be made in Mexico, this being a first step toward the time when the entire manufacture, fabrication and assembly, would be performed within the country. The stamp, "Made in Mexico," would then have real meaning.

See Also:

AUTOMOBILE industry & trade; MEXICO -- Economic conditions; AUTOMOBILES; FACTORIES; PRESIDENTS; MEXICO
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