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Mexico to close 2015 with auto production record

Karla Salinas | 28.09.2015

For the fifth consecutive year, Mexico will bring the number of cars production record at 3.4 million units, said the President of the Mexican Association of Automotive Industry (AMIA), Eduardo Solis Sanchez.

For the fifth consecutive year, Mexico will bring the number of cars production record at 3.4 million units, said the President of the Mexican Association of Automotive Industry (AMIA), Eduardo Solis Sanchez.

The automotive sector is the main generator of foreign exchange in Mexico, with more than US$50 billion, informed Eduardo Solis.

"One of every four dollars that Mexico exports, comes from the automotive sector, in addition of being the first auto maker in Latin America and ranking fourth in export," Mr. Solis said.

He added that an auto plant arrives in Mexico for several reasons, such as the network of agreements it has with more than 40 countries, the strengthened supply chain, among others.

Mr. Solis also stressed, that it is expected that Mexico exceeds the 5 million units produced, thanks to the existing production volume, added to the investments arrival by 2020.

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