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Automotive Industry: 30 months in a row posting positive figures

Admin | 10.09.2012

Last August 83,326 vehicles were sold in Mexico, for a 10.1% year-to-year increase, while accrued sales from January to August reached 621, 941 units. The sector has posted 30 months in a row with positive figures.

Last August 83,326 vehicles were sold in Mexico, for a 10.1% year-to-year increase, while accrued sales from January to August reached 621, 941 units. The sector has posted 30 months in a row with positive figures.

According to the monthly report issued by the Mexican Automotive Industry Association, Asociacion Mexicana de la Industria Automotriz (AMIA) and the Mexican Dealerships Association, Asociacion Mexicana de Distribuidores de Automotores (AMDA), “Positive figures have been posted for 30 months in a row, and on this occasion the increase is 10.5% over even term last year, which was closed with 877, 888 vehicles”, Guillermo Rosales, Head of Government Relations with AMDA, pointed-out.

Total vehicles production in August 2012 reached 248,835 units, which when compared to the 221,637 produced in August 2011 shows 12.3% increase. Accrued figures reached 1’903,544 units, representing 13.3% increase.

“Production for export accounts for 84.4% of all the light vehicles produced in Mexico. Total production reached in August 2012 is the highest for a month of August ever in Mexico, as is production volume accrued in 2012, which sets a new record for this industry”, Fausto Cuevas, Head of AMIA, said in the III Tlaxcala Automotive Forum.

As far as units exported are concerned, in August 2012, 188,392 light vehicles were sold abroad, which compared to the 170, 086 sold in August 2011 represent 10.8% increase. The volume exported in August 2012 represents the highest for a month of August.

Accrued volume in 2012 is 13.3% over 2011 with one million 571 thousand 162 vehicles exported, for an exports record by Mexico in the first eight months of the year.

Source: http://maquilaportal.com

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