Mexico auto exports dip on U.S. sales

Mexico auto exports dip on U.S. sales

 

Mexican automobile exports, excluding those made by Nissan, fell 5.5% in July year-on-year on weaker U.S. sales, while output for the month fell 3.7%, partially due to flooding at a Honda plant, auto industry association AMIA said on Monday.

Mexico exported 214,984 units in July 2018, down from 227,444 the same month on 2017, AMIA said, while producing 291,577 units, a fall from 302,716 in July a year before.

“The trend in the United States is a flattening in sales,” AMIA’s director Fausto Cuevas told reporters on.

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