Mexico’s Auto Exports Rose 12% in June
Carmakers in Mexico built 334,600 vehicles last month, and exports grew 12% to 276,600 of them, Reuters reports, citing data from trade group AMIA.
#economics
Carmakers in Mexico built 334,600 vehicles last month, and exports grew 12% to 276,600 of them, Reuters reports, citing data from trade group AMIA.
AMIA says year-on-year shipments to the U.S. rose 16% to 215,200 vehicles in June. Mexico’s exports to China surged more than 60%, but shipments to Latin America and Europe declined 7% and 1%, respectively.
Mexico’s automotive exports through the first half of 2017 climbed 14% to 1.5 million units, according to the trade group.
RELATED CONTENT
-
Global Car Market to Shrink for 2-3 Years
Global sales of light vehicles will decline year on year through at least 2021, predicts LMC Automotive at its annual outlook conference outside Detroit, Mich.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.