Puerto Vallarta News

Puerto Vallarta News

Mexico’s auto production and exports in the first seven months of 2014 hit record highs

Mexico's auto production and exports in the first seven months of 2014 hit record highs, rising 7.5 percent and 11.2 percent, respectively, from the same period of last year.

The AMIA industry association said both output and exports of light vehicles climbed to historically high levels, "both for the month and the cumulative" January-July period.

In the first seven months, automakers manufactured 1.85 million vehicles, "83.1 percent of which correspond to units destined for export and the remaining 16.9 percent for the domestic market."

A total of 1.5 million vehicles were exported . . .

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