Mexico's car output dropped 93.7 percent year-on-year to 22,119 units in May 2020, as the coronavirus pandemic forced many factories to halt production. Among major automakers, output declined to zero at Volkswagen and Audi. In addition, production was down at General Motors (-88.8 percent), Ford Motor (-97.9 percent), FCA México (-94.0 percent), Honda (-91.5 percent), KIA (-91.3 percent), Mazda (-98.4 percent), Nissan (-96.6 percent) and Toyota (-82.8 percent).

Car Production in Mexico averaged 164.18 Thousand Units from 1988 until 2020, reaching an all time high of 381.99 Thousand Units in October of 2017 and a record low of 3.72 Thousand Units in April of 2020. This page provides - Mexico Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Car Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Car Production in Mexico is expected to be 360.00 Thousand Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Production in Mexico to stand at 352.00 in 12 months time. In the long-term, the Mexico Car Production is projected to trend around 370.00 Thousand Units in 2021, according to our econometric models.

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Mexico Car Production

Actual Previous Highest Lowest Dates Unit Frequency
22.12 3.72 381.99 3.72 1988 - 2020 Thousand Units Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-06 12:00 PM Feb 4.5% -4.1%
2020-04-06 11:00 AM Mar -24.6% 4.5% -3.1%
2020-05-08 11:00 AM Apr -98.8% -24.6% -32%
2020-06-05 11:00 AM May -93.7% -98.8% -70%
2020-08-06 11:00 AM Jul
2020-09-04 11:00 AM Aug
2020-11-09 12:00 PM Oct
2020-12-04 12:00 PM Nov


News Stream
Mexico Car Production Plunge for 3rd Straight Month
Mexico's car output dropped 93.7 percent year-on-year to 22,119 units in May 2020, as the coronavirus pandemic forced many factories to halt production. Among major automakers, output declined to zero at Volkswagen and Audi. In addition, production was down at General Motors (-88.8 percent), Ford Motor (-97.9 percent), FCA México (-94.0 percent), Honda (-91.5 percent), KIA (-91.3 percent), Mazda (-98.4 percent), Nissan (-96.6 percent) and Toyota (-82.8 percent).
2020-06-05
Mexico Car Production Slumps to Record Low
Car production in Mexico dropped 98.8 percent year-on-year to an all-time low of 3,722 units in April 2020, as the coronavirus pandemic forced many factories to close. Among major automakers, output declined to zero at General Motors, Nissan, Volkswagen, FCA México, BMW Group, Honda, Audi, Toyota and Mazda. In addition, production at Ford Motor tumbled 99.9 percent to 18 units, and output at KIA plunged 84.2 percent to 3,704 units.
2020-05-08
Mexico Car Output Drops 24.6% in March
Car production in Mexico dropped 24.6 percent year-on-year to 261 thousand units in March 2020, after increasing 4.5 percent in the previous month. Among major automakers, output declined at General Motors (-14.7 percent to 66.4 thousand), FCA Mexico (-38.1 percent to 30.8 thousand), Nissan (-25.3 percent to 46.4 thousand), Volkswagen (-20.9 percent to 29.6 thousand), Ford Motor (-45.8 percent to 16.2 thousand), Audi (-48.6 percent to 8.6 thousand), Toyota (-43.7 percent to 10.3 thousand) and Honda (-52.6 percent to 9.3 thousand). On the other hand, production grew at KIA (11.1 percent to 26 thousand) and Mazda (15.2 percent to 13.4 thousand).
2020-04-06
Mexico Car Production Rebounds in February
Car production in Mexico increased 4.5 percent over a year earlier to 326.2 thousand units in February 2020, rebounding from a 4.1 percent fall in the previous month. Among major automakers, output grew at General Motors (21.2 percent to 74.6 thousand), FCA Mexico (27.7 percent to 51.4 thousand) and Mazda (85.1 percent to 16.4 thousand). Meanwhile, production shrank at Nissan (-6.7 percent to 59.6 thousand), Volkswagen (-11.3 percent to 31.2 thousand), Ford Motor (-15.8 percent to 24.6 thousand), KIA (-6.7 percent to 21 thousand), Audi (-4 percent to 15.4 thousand), Toyota (-16.3 percent to 13.9 thousand) and Honda (-28.6 percent to 12.8 thousand).
2020-03-06

Mexico Car Production
In Mexico, Car Production refers to total production of vehicles.