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Mexico’s auto output jumped 14 percent in June

Admin | 26.07.2012

The automobile sector in Mexico has started to see significant success, as June 2012 brought record figures for the month of June in any year.

The automobile sector in Mexico has started to see significant success, as June 2012 brought record figures for the month of June in any year.

According to the Mexican Automobile Industry Association (AMIA), this June saw a 14% increase in production to a record 268,388 vehicles and exports saw a 22% increase from last June. In the first six months of the year, 1.42 million vehicles were produced (13% increase) and 1.17 million were exported (15% increase).

This growth comes at a time of renewed investment in Mexico’s automotive industry. For example, Nissan continues growing its investments in Mexico. The Japanese automotive manufacturer recently announced it will build its third manufacturing complex in Mexico in the state of Aguascalientes. The new automotive complex, which will become the second one in the state, will be the result of a $2 billion investment. This increase in automobile production also manifests itself in the rise of machine suppliers such as Engel Holding GmbH which has sold four presses with a clamping force of 3,500 tons in the past 18 month.

Source: http://mexicotoday.org
 

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