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Production and export of cars in Mexico hit record highs in 2014

Karla Salinas | 07.08.2014

Car production in Mexico and overseas shipments reached record figures in July, according to the Mexican Association of the Automotive Industry (AMIA).

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

RANKING

Source: Translation of an article originally posted by  www.cnnexpansion.com

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