Mexico’s car output hits record in October on export demand

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Vehicle output reached 2.4 million units for the January-October period. This was up by 13.6% from 2.1 million units in the corresponding months of last year, Amia said on Wednesday November 7.

Exports increased by 12.3% to 216,576 units in October.

Exports hit a record high for January-October of 1.98 million cars, up by 11.7% year-on-year, according to Amia’s figures.

Mexican auto exports to the USA in October rose by 14% to 135,674 units.

Exports to the USA for January-October 2012 reached 1.25 million units, 10.8% higher than in the same period last year, Amia said.

Vehicle numbers shipped to Latin America increased by 15.2% to 33,115 cars in October.

Exports to Europe fell by 16.9% to 21,390 units.

Exports to Africa reached 3,892 units, 699% higher than in the same month in 2011, while sales to Asia rose by 232% to 6,672 units.