According to Inegi, Mexico auto production declined in November, but crucial data is missing

Last November, global automakers with manufacturing operations in Mexico built 344,928 cars and light trucks, according to the latest data from the National Institute of Statistics and Geography (Inegi). The figure represents a 1.3% decline compared to production records from the same month of 2017. 

However, it’s worth noting that Inegi data does not consider yet production figures from Daimler’s new assembly facility in Aguascalientes, which back in September started a production line dedicated to Mercedes-Benz A Class sedans.

It’s not clear how many vehicles Mercedes-Benz builds at the Cooperation Manufacturing Plant Aguascalientes (COMPAS), but one of its suppliers, HBPO, delivers around 400 front-end modules to the assembly facility each day, six days a week, which results in 10,400 units.

If those estimates were accurate, it would result in a 1.7% increase in production volume during November for Mexico auto industry. 

The Inegi data also suggests that 3,670,462 light vehicles have been manufactured in auto plants established in Mexico from January through November, which is a flat result compared to the 3,668,995 units built over the same period of 2017.

Among the automakers that reported production declines in November were Audi with 1.7%, Mazda with 1.1%, General Motors with 11%, Fiat Chrysler Automobiles with 20% and Honda, which just restarted operations at its Celaya plant, with 18%.

Companies reporting production increases in November were Nissan with 5.4%, Volkswagen with 6.2%, Ford with 11.7%, Toyota with 29.4% and KIA/Hyundai with 37.9%.

MexicoNow

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