Features
21 fév 24

Mexico’s car output reach pre-pandemic levels 

Mexico's car industry started the year with a notable rise in output in January, making it the best month for the automotive industry in the last years, according to the latest data from the Mexican Automotive Industry Association (AMIA).

The country’s car production surged to 307,069 units in January, up by 9.6% compared to the same month the previous year, AMIA said.

“This is the best January in terms of production in the last five years,” Odracir Barquera, CEO of the Mexican Automotive Industry Association (AMIA), said, adding that SUVs and Pickups were the most produced vehicles in January.

Source: AMIA

Domestic sales achieved 112,099 units in January, up by 18.7% compared to the same month the previous year. Of this, 75,505 cars were imported and 36,597 units were produced in Mexico, according to AMIA figures.

Exports

Mexico’s car exports rose by 6.8% year-on-year in January to 254,367 units with 89% shipped to North America, AMIA said.

In exports, “this is the strongest January since 2005 when the automotive industry began recording figures, that means that we are both in production and exports at already consolidated pre-pandemic levels,” Barquera added.

About 19% of the cars in the US are produced in Mexico, positioning the Latin American country as the primary vehicle supplier for the North American nation, with Japan following closely behind, according to Barquera.

Source: AMIA

Picture Credit Shutterstock: 1738460450

 

Authored by: Rodrigo Alonso