Mexican output and domestic sales of light vehicles declines in October

Monday, 08 November 2021 23:34:11 (GMT+3)   |   Sao Paulo
       

Mexican output of light vehicles in October decreased 25.9 percent, year-over-year, to 257,813 units, the nation’s statistics agency, Inegi, said on Monday, citing data from automotive industry association, AMIA.

According to Inegi, Mexican domestic sales of cars in October fell 9.1 percent, year-over-year, to 76,640 units. Following the same downtrend, Mexican exports of autos in October dropped 19.9 percent, year-over-year, to 224,535 units.

As for the accumulated period of January to October this year, Mexican production of cars reached 2.52 million units, 1.8 percent up, year-over-year.

Mexican domestic sales of light vehicles in the January-October period rose 11.4 percent, year-over-year, to 834,486 units.

Likewise, Mexican exports of autos in January-October totaled 2.23 million units, 5.6 percent up, year-over-year.


Similar articles

China announces faster maritime route to Latin American countries

08 Jan | Steel News

Latin American steel outlook influenced by inflation and monetary policy

17 Nov | Steel News

2022 steel consumption in most Latin American countries declines year-over-year

15 Nov | Steel News

Ternium posts lower net profit for the third quarter

09 Nov | Steel News

Mexican delegation visits Venezuela’s Sidor regarding possible restart

26 Aug | Steel News

Ternium posts higher net profit in Q1

27 Apr | Steel News

Ternium Mexico reaches HRC production milestone at its Pesqueria mill

27 Jan | Steel News

Mexican economic activity in October increases slightly

28 Dec | Steel News

Ternium see revenues increase in Mexico and Southern Region markets in Q2

04 Aug | Steel News

Alacero names new director general

03 Jun | Steel News