Car production in Mexico and overseas shipments reached record figures in July, according to the Mexican Association of the Automotive Industry (AMIA).
The automotive generation grew 8.5% per year reaching 259,634 units, a fact that had not been seen for a seventh month.
What was accumulated between January and July showed an increase of 7.5% over the same period in 2013.
As for deliveries abroad, these grew 20.2% registering 231,934 cars, which meant another historic record.
The total accumulated in the first seven months rose 11.2% over the same period last year.
As for the domestic market, the AMIA reported an increase of 11% per year due to 96,211sold units, although they said said that the data should be taken with caution because what was accumulated between January and July was only 1.3% higher than the same period last year .
"So far this year 596,571 units have been sold, putting industry at similar levels as the ones ten years ago," explained the agency in a statement.
Mexico exports most of its automotive production to the United States, its main trading partner.
The main export destinations
Source: Translation of an article originally posted by www.cnnexpansion.com
You might also be interested in:
Chinese firms continue to expand aggressively abroad, competing fiercely with incumbent heavy weights in a growing number of industries. China expert Shaun Rein identifies the key drivers, predominant sectors and human resource implications of unprecedented international growth by state-owned and privately held Chinese corporations in an interview with IRC Institute.
By George Walther-Meade