Mexico Auto Production and Exports hit a record level from January-April 2014

Auto Production and Exports hit a record level from January-April, climbing 5.8 percent and 8.7 percent, contrasted with the initial four months of 2013, the Mexican Automotive Industry Association, or AMIA, said.

Passenger vehicle production and exports arrived at “their best historic level both in the month of April and year-to-date,” the AMIA said in an announcement.

Manufactures delivered 1.02 million vehicles in the January-April period, of which “some 82.9 percent corresponded to units destined for the foreign market and the remaining 17.1 percent to the domestic market,” the industry association said.

Exports totaled 808,532 units, of which 70.6 percent were sent to the United States, 10.6 percent were traded to Latin American nations and 9.8 percent were sent to Canada and different regions in the world.

Domestic, be that as it may, stayed languid at only 327,989 units in the initial four months of the year, down 0.80 percent from the same period in 2013, the AMIA said.

Auto manufactures offer both vehicles manufactured in Mexico and models imported from subsidiaries in different nations to Mexican buyers.

The most popular brands in Mexico throughout the initial four months of the year were Nissan, with 83,719 units; General Motors, with 61,752 units; and Volkswagen, with 61,752 units.

Automakers delivered 248,031 units in Mexico in April, a number that was up 3.9 percent from that month in 2013, while exports totaled 202,328 units, up 9 percent from April of a year ago, the AMIA said.

An aggregate sum of 76,865 units were sold domestically in April, down 8 percent from that month in 2013, the exchange bunch said.

Puerto Vallarta News

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