Sanluis Rides U.S. Car Boom to Exceed Mexican Market Gain
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Car buyers flooding U.S. showrooms are helping send partsmaker Sanluis Corporacion SAB to the biggest gain among all 120 publicly listed Mexican companies this year.
The largest provider of suspensions for U.S. light vehicles was up 377 percent through yesterday in 2014, more than any other Mexican stock, according to data compiled by Bloomberg. That’s beating advances of 11 percent for Alfa SAB and 4.9 percent for Grupo Kuo SAB, whose businesses include auto parts.