Mexico production and exports break records in 2013

Article by Anita Panait, on January 10, 2014

Vehicle production and exports in Mexico surged in 2013 to record highs thanks to strong demand from the United States and Canada, according to the Mexican Auto Industry Association. AMIA disclosed that vehicle production surged 1.7 percent to 2,933,465 units while exports rose 3 percent to 2,423,084 units in 2013 – the fourth straight year that the figures went up.

"Mexico again reaches a record figure and again wins eighth place among world vehicle manufacturers," Eduardo Solis, president of AMIA, remarked. Despite the increase, vehicle production failed to achieve a target of between 2.95 million to 3 million units in 2013. Solis did not disclose any forecast for 2014.

Mexico exported 1,646,950 autos to the US – its No. 1 trading partner -- in 2013 for a 10-percent rise. On the other hand, Mexico exported 194,851 units to Canada in 2013, reflecting a 22-percent increase. This allowed Mexico to offset a 16-percent drop in sales to Latin America, pegged at just 307,581 units.

Domestic sales surged 8 percent to 1,063,363 units. The Mexican economy rebounded in the third quarter of 2013 thanks to increased demand for exports after a contraction in the prior three-month period. However, in December 2013, Mexican vehicle production dropped 9 percent to 164,221 units. Exports, however, still climbed 4 percent to 161,208 units, AMIA said.

Topics: mexico, production

If you liked the article, share on:

Comments

Recommended

Another day, another record. Is the new Dodge Challenger SRT Demon the fastest car to date? According to some sources, the Dodge Challenger SRT Demon had just beaten the Tesla...
by - April 24, 2017
Following in the footsteps of the McLaren 570S, 540C and 570GT is the newest addition to the McLaren Sports Series -- the roofless 570S Spider. McLaren 570S was rolled out...
by - April 24, 2017
The British automaker Lotus is noted for releasing low production, limited editions of its sports car lineage. Now the Hethel-based automobile manufacturer is back at it again with its latest...
by - April 24, 2017
Earlier this week, the revamped 2018 Mercedes-Benz S-Class was revealed ahead of the 2017 Shanghai Auto Show. As expected, Mercedes Benz’s flagship model is now offered in several variants including...
by - April 24, 2017
Well, this is clearly not good news for everyone. Ever since the new BMW M4 CS rolled out in Shanghai last week, several reports about its limited production have quickly...
by - April 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries