Car production in Mexico decreased 1.0 percent year-on-year to 292.6 thousand units in July 2019, following a 4.4 percent fall in the previous month. It was also the lowest figure for a July month since 2016. Among major automakers, output went down for FCA México (-2.4% to 55.9 thousand), Nissan (-21.6% to 38.4 thousand), Volkswagen (-36% to 32.3 thousand), Audi (-5.3% to 13 thousand) and Mazda (-44.1% to 7.8 thousand). In contrast, production rose for General Motors (19.3% to 77.3 thousand), KIA (28.9% to 21.5 thousand), Ford Motor (1.9% to 17 thousand), Honda (542.3% to 14.8 thousand) and Toyota (17.5% to 12.6 thousand). Meantime, auto exports grew 9.5 percent to 270.9 thousand units, after increasing 1.7 percent in June, namely driven by General Motors (27.1% to 74.6 thousand), FCA México (5.1% to 50.8 thousand), Ford Motor (36.3% to 16.2 thousand) and KIA (39.2% to 15.8 thousand). Car Production in Mexico averaged 162.14 Thousand Units from 1988 until 2019, reaching an all time high of 381.99 Thousand Units in October of 2017 and a record low of 35.61 Thousand Units in April of 1988.

Car Production in Mexico is expected to be 335.00 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 360.00 in 12 months time. In the long-term, the Mexico Car Production is projected to trend around 370.00 Thousand Units in 2020, according to our econometric models.

Mexico Car Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-07 01:00 PM Auto Production YoY Apr 2.0% 4.8% 3.2%
2019-06-06 01:00 PM Auto Production YoY May -1.5% 2.0% 3%
2019-07-08 11:00 AM Auto Production YoY Jun -4.4% -1.5% 0.5%
2019-08-06 11:00 AM Auto Production YoY Jul -1.0% -4.4% 3%
2019-09-09 11:00 AM Auto Production YoY Aug -3.2%
2019-10-04 11:00 AM Auto Production YoY Sep
2019-11-06 12:00 PM Auto Production YoY Oct


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 49.50 50.70 58.60 34.00 Index Points [+]
Manufacturing PMI 49.80 49.20 57.10 49.20 [+]
Industrial Production -2.91 -3.29 23.82 -17.50 percent [+]
Industrial Production Mom 1.10 -2.50 8.50 -8.00 percent [+]
Manufacturing Production -0.83 0.68 18.26 -17.74 percent [+]
Capacity Utilization 81.50 80.70 82.50 74.10 percent [+]
Changes in Inventories 185467.00 179436.00 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 63912.00 59524.00 127604.00 6318.00 [+]
Car Production 292.64 337.25 381.99 35.61 Thousand Units [+]
Car Registrations 63912.00 59524.00 127604.00 6318.00 [+]
Leading Economic Index -0.40 -1.50 12.60 -11.00 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Mining Production -5.60 -8.94 45.30 -25.22 percent [+]
Private Investment -7.40 -5.80 33.10 -41.90 percent [+]
Steel Production 1580.00 1670.00 1850.00 466.00 Thousand Tonnes [+]
Competitiveness Index 64.60 64.14 64.60 4.18 Points [+]
Competitiveness Rank 46.00 44.00 66.00 44.00 [+]
Crude Oil Rigs 37.00 32.00 107.00 8.00 [+]
Corruption Index 28.00 29.00 37.00 26.60 Points [+]
Corruption Rank 138.00 135.00 138.00 32.00 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Gold Production 7127.00 6621.00 11688.00 384.00 Kg [+]


Mexico Car Production

In Mexico, Car Production refers to total production of vehicles. This page provides - Mexico Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Car Production - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
292.64 337.25 381.99 35.61 1988 - 2019 Thousand Units Monthly
NSA




Country Last Previous
Argentina 21646.00 Jul/19
Brazil 266371.00 Jul/19
China 1523000.00 Jul/19
France 2269600.00 Dec/18
Germany 359400.00 Jul/19
India 217682.00 Jul/19
Japan 676431.00 May/19
Mexico 292.64 Jul/19
Russia 138.00 Jun/19
South Korea 4028834.00 Dec/18
Spain 2066.00 Jun/19
Turkey 109116.00 Jun/19
United Kingdom 109226.00 Jun/19
United States 2.67 Jul/19


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