Mexico’s car production increases 11.8% over July
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Mexico's car production increased 11.8% last July as exports fell 0.4% over the same month, industry officials revealed in a brief.
According to Mexican Auto Industry Association (AMIA), assembly plants settled in Mexico built 284,398 vehicles over the last month, meanwhile 225,530 units were shipped to foreign markets.
As much as 172,019 cars were sent to U.S. market, marking an 8.3% increase. Exports destined for Canada fell 30.5% and shipments to South America decreased 8.3%, according to AMIA's monthly brief.
The association groups U.S. car makers Ford and General Motors; Japanese firms Honda, Mazda, Nissan and Toyota; Germany's Volkswagen and Italian Fiat, which controls Chrysler.