Mexico’s light vehicle production registers a 4.5% increase
Warning: foreach() argument must be of type array|object, bool given in /home/mexiconow/public_html/sites/mexiconow/wp-content/themes/mexiconowwpnew/single.php on line 253
MEXICO — Mexico produced 326,183 units of light vehicles in February 2020, an increase of 4.5% compared to February of the previous year, the INEGI reported.
Among the main light vehicle producers were: General Motors (74,560 units and an increase of 21.1%), Nissan (59,601 units and a decrease of 6.7%) and FCA Mexico (51,376 units and an increase of 27.7 percent)
AMIA estimates that Mexico will become the 5th largest producer of vehicles in 2021 due to the arrival of new players in the terminal industry; in 2018, Mexico ranked as the 6th largest producer of vehicles with almost 4 million units.
Source: El Economista