During the first four months of 2017, auto plants established in Mexico produced 1,221,877 vehicles.
Mexican auto production increased 3.2% to 278,173 vehicles in April, Mexican Auto Industry Association (AMIA) announced today. Exports hiked 16.1% to 228,810 units, AMIA said.
Almost 80% of Mexican auto exports, 179,958 units, headed to the U.S. in April, 22,127 vehicles ended up in Canada (9.7%), 12,770 units were shipped to Latin America (5.6%) and 8,269 cars reached Europe (3.6%).
During the first four months of 2017, auto plants established in Mexico produced 1,221,877 vehicles, a 13.6% increase compared to the 1,075,340 cars from the same period in the previous year.
Total auto exports during the first four months of the year were up 14.6% compared with the same four-month period last year to 978,972 units.
Year-to-date exports to the U.S. totaled 748,033 cars (76.4%), Canada received 87,674 units (9%), 67,148 vehicles were shipped to Latin America (6.9%), 46,435 were exported to Europe (4.7%) and 8,378 ended up in Asia (0.9%)
You might also be interested in:
Mexico has the most free-trade agreements in the world, partnered with 44 countries. Forbes has ranked Mexico above all the BRIC nations for "best countries for business."
As members of IRC Global Executive Search Partners we are proud to announce that the IRC alliance has just been named as the world’s largest executive search alliance in terms of geographic coverage.