Mexican production and auto sales decline in May

Friday, 05 June 2020 22:13:38 (GMT+3)   |   Sao Paulo

Mexican auto production, domestic sales and exports saw steep declines in May as a result of Covid-19, according to data released by automotive industry association, AMIA.

AMIA said Mexican production of vehicles in May plummeted 93.6 percent, year-on-year, to 22,119 units. Domestic car sales in May dropped 58.9 percent, year-on-year, to 42,028 units, while Mexican exports of vehicles in the same period decreased 95 percent, year-on-year, to 15,088 units.

According to AMIA, Mexican output of autos in the accumulated period of January to May reached 934,234 units, 43.1 percent down, year-on-year. Domestic sales of cars in the January-May period declined 30 percent, year-on-year, to 373,608 units. Likewise, Mexican exports of vehicles in January-May decreased 42.3 percent, year-on-year, to 822,246 units.

Most Recent Related Articles

Ternium Mexico using Ametek’s steel inspection process

Mexican iron pellet output declines 22.5 percent in April

AHMSA to dismiss 2,400 workers after government decision

AHMSA, Villacero sign agreement to create new company

Two AHMSA subsidiaries file for bankruptcy protection