Mexican auto output in March declined 10.9 percent, year-on-year, to 331,109 units, the nation’s automotive industry association (AMIA) said this week.
While auto production dropped in March, exports of vehicles in the same period rose 7.5 percent, year-on-year, to 327,955 units. Domestic auto sales in March fell 13.4 percent year-on-year, to 118,600 units.
As for Q1, Mexican auto production dropped 0.4 percent year-on-year, to 963,216, and domestic sales during the period declined 10.8 percent to 337,229 units. Auto exports, on the other hand, increased 8.1 percent, year-on-year, in Q1 to 835,023 units.