The Mexican Automotive Industry Association (AMIA) said that México’s auto production and exports during 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 announcement 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 of 2014, México’s automakers manufactured 1.85 million vehicles, “83.1 percent of which are for export and the remaining 16.9 percent for the domestic market,” AMIA said.
A total of 1.5 million vehicles were exported during the seven-month period, 71.5 percent of them to the United States.
In July of this year, auto production rose 8.5 percent over the same month in 2013 to 259,634 units, while exports climbed 20.2 percent to 231,934 vehicles.
A total of 96,211 vehicles were sold domestically in July, an 11 percent increase over July 2013.
Chrysler, Fiat, Ford, General Motors, Honda, Nissan, Toyota and Volkswagen are the largest automakers in México.
(from Latin American Herald Tribune)
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