2014-01-29 08:23:02 - Automotive Manufacturing - North America (NAFTA) Industry Guide - a new market research report on companiesandmarkets.com
The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The automotive manufacturing industry within the NAFTA countries had a total market value of $373.2 billion in 2012.The Mexico was the fastest growing country, with a CAGR of 17% over the 2008-12 period.
Within the automotive manufacturing industry, the US is the leading country among the NAFTA bloc, with market revenues of $264.4 billion in 2012. This was followed by Mexico and Canada, with a value of $62.2 and $46.6 billion, respectively.
The US is expected to lead the automotive manufacturing industry in the NAFTA bloc, with a value of $382.4 billion in 2017, followed by Mexico and Canada with
expected values of $121.3 and $60.2 billion, respectively.
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