MEXICO CITY—Mexico is poised to overtake Brazil as the top Latin American automobile producer for the first time in more than a decade, as surging exports to the United States spur factory openings and record output.
SAO PAULO, Brazil—GM could build another assembly plant in Brazil if sales in the world’s fourth-largest auto market continue expanding at approximately 5 percent annually. The automaker’s existing facility here is already producing some 60,000 vehicles per year.
