Mexico’s auto production falls nearly 38 percent

By EFE,

Mexico City : Mexico’s automotive industry saw production plummet 37.7 percent during the first nine months of this year, while exports plunged 35.5 percent and domestic sales dropped 30.6 percent, the auto industry association said.


Support TwoCircles

A total of 992,153 units were manufactured, 804,258 units were exported and 530,163 vehicles, including imports, were sold in Mexico during the January-September period, said the AMIA association, which is made up of the seven largest automotive companies operating in the country.

A total of 146,246 units were produced in September, down 22.7 percent from the same month in 2008, when 189,345 vehicles rolled off assembly lines, AMIA said.

Exports came in at 117,433 units in September, off 18.7 percent from the same month last year, when 144,454 vehicles were sold abroad.

Domestic automotive sales totalled 58,505 units last month, down 23.6 percent from September 2008.

Leading global automakers, such as Chrysler, Ford, General Motors, Honda, Nissan, Toyota and Volkswagen have operations in Mexico.

SUPPORT TWOCIRCLES HELP SUPPORT INDEPENDENT AND NON-PROFIT MEDIA. DONATE HERE