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Nemak net income up 3% in Q1 with new contracts for electric vehicles

Nemak, manufacturer of aluminum components for the automotive industry, saw its net income increase 3% to USD 69 million during the first quarter of 2018, up from USD 67 million in the same period of 2017. Increased North American volumes reflect new programs for V6 engine applications, while in Europe, Nemak’s volum....

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