Mexico breaks historical record in heavy vehicle assembly
MEXICO — Mexico broke a historic record in the production of heavy vehicles at the end of the first quarter of 2019, with the assembly of 51,058 units, as a result of high demand for sales in the United States market.
According to figures from the National Association of Producers of Buses, Trucks and Tractor Trucks (ANPACT), the Mexican industry manufactured 1.6% more units from January to March this year compared to 2015, the year in which the highest production was recorded, with 50,210 heavy units.
The 51,058 units manufactured, including trucks, buses and tractors, in the first quarter represent an increase of 40.18%, compared with the 36,422 units produced during the same period of 2018.
Miguel Elizalde, executive president of ANPACT commented that “the boost in production is due to an increase in demand in the North American market, which has increased exports.”
In the report of the private body, the accumulated exports of heavy vehicles reached a total of 41,940 units, which compared to 2018 means an increase of 34%.
The ANPACT represents the leaders of commercial vehicles and diesel engines since 1992, with 14 partners: Dina, Freightliner, Hino, International, Isuzu, Kenworth, Mack, MAN, Mercedes-Benz, Scania, Volkwagen, Volvo, Cummins and Detroit Diesel
Source: El Economista