Mexico’s heavy truck output dropped 20% in February

Mexico exported 7,500 heavy trucks during February, 24.6% less units than same month from 2016, according to figures by the National Association of Buses and Trucks (ANPACT).

Also in February, production of heavy trucks reach a total 10,038 units, a 20.4% drop compared to same month 2016.

For the first two months of 2017 Mexican exports totaled 14,583 units, 26.7% less compared to the 19,904 vehicles during the same period of 2016. Exports in the Class 8 trucks segment suffered the sharpest drops with 43.2% decrease.

Bimonthly production totaled 19,455 units, a 19.5% decrease. ANPACT officials named lower demand in the U.S. market as the main reason for the weak performance in the Mexican heavy truck manufacturing industry.

MexicoNow

Related News

Erich Jaeger opens facility in Coahuila to supply Daimler truck plant

Mexican Class 8 truck market to reach double digit growth for third year in a row

Scania teams up with McNeilus to built concrete mixer trucks

Volkswagen buys 16.6% stake in Navistar trucks