Mexico's auto exports grew 8.2 percent over a year earlier to 280, 474 units in October of 2020, following a 13.1 percent slump in the previous month. It was the first increase in auto exports after fourteen consecutive months of declines. Among major exporters, shipments rose from General Motors (28.7 percent to 69.7 thousand), Volkswagen (36 percent to 32.3 thousand), Toyota (8.7 percent to 20.9 thousand), Audi (28.2 percent to 16.6 thousand), Honda (6.9 percent to 15.7 thousand), Mazda (206.9 percent to 11.2 thousand) and Mercedes Benz (31.9 percent to 9.1 thousand). In contrast, sales decreased from FCA México (-20.6 percent to 46.6 thousand), Nissan (-14 percent to 32.8 thousand), KIA (-19.1 percent to 17.8 thousand) and Ford Motor (-70 percent to 0.47 thousand). source: Instituto Nacional de Estadística y Geografía (INEGI)
Auto Exports in Mexico averaged 126.65 Thousand Units from 1988 until 2020, reaching an all time high of 323.63 Thousand Units in March of 2019 and a record low of 9.50 Thousand Units in September of 1989. This page provides - Mexico Auto Exports- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Auto Exports - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Auto Exports in Mexico is expected to be 275.00 Thousand Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Auto Exports in Mexico to stand at 320.00 in 12 months time. In the long-term, the Mexico Auto Exports is projected to trend around 310.00 Thousand Units in 2021 and 320.00 Thousand Units in 2022, according to our econometric models.