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Mexico's car market is so hot, even Volkswagen's sales volume is jumping

Published Wed, Jan 6, 2016 · 09:50 PM

    Mexico City

    IN Mexico's red-hot domestic car market, even embattled Volkswagen AG is doing well.

    While the German carmaker's annual sales were set to decline worldwide for the first time in 11 years after it admitted to cheating on emissions tests, they gained more than 10 per cent in Mexico through November. It would be difficult for the brand to do poorly, said Mexico's dealers association, when the local vehicle sector expanded almost 20 per cent in 2015, beating estimates and records.

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