Heavy truck production in Mexico increased 12.6 percent, year-over-year, in June to 19,558 units, the sixth consecutive annual increase and the highest volume in the last six years for the same month, according to SteelOrbis analysis of the data. from the national statistics office Inegi.
Of the total production, 94.7 percent was concentrated in three companies: Freightliner with 56.3 percent, International Trucks (Navistar) 30.6 percent, and Kenworth (Paccar) 7.8 percent.
Heavy truck exports increased 10.0 percent to 16,051 units. Of that volume, Freightliner contributed 62.9 percent and International Trucks 33.2 percent.
Accumulated production in the first six months of the year totaled 113,526 units, 24.3 percent more than the same period in 2022. Exports totaled 91,315 trucks, 20.2 percent more.
According to Inegi, the United States was the main export market, buying 95.7 percent of the heavy trucks manufactured in Mexico in the first half of 2023.
Retail sales in the Mexican market increased 25.6 percent, year-over-year, in June to 4,535 units. It is the best June in at least the last six years. In the accumulated six months, 24,494 units were sold, 31.5 percent more, compared to the same period last year.
The production information from Inegi comes from the 10 companies affiliated with the National Association of Bus, Truck and Tractor Producers (ANPACT) and from the unaffiliated company, Sparta Motors, which is owned by China's Shaanxi Automobile.