eJarn
Username/ID
Plear enter userid
Password      *Forgot Password?
Please enter password
2.10 LATIN AMERICA: Mexico
2018/01/22
According to the IMF, Mexico’s GDP growth rate was projected to reach 2.2% in 2017 to mark three consecutive years of positive growth.
 
In 2017, the RAC market in Mexico grew by 5.0% to 859,000 units, and PAC sales increased by 5.0% up to 181,000 units. Mexico has maintained its position as the third-largest market in Latin America after Brazil and Argentina.
 
Mexico’s population surpasses 120 million, with a high proportion of young people and a low penetration rate of air conditioners. It is therefore an attractive market that holds ample potential for future growth.
 
Based on current economic conditions and favorable market trends, some Japanese manufacturers have positioned Mexico as the center of the Latin American market.
To view the complete content, please log in.
Username/ID
Plear enter userid
Password      *Forgot Password?
Plear enter password