Car production in Mexico shrank 4.1 percent year-on-year to 320.4 thousand units in January 2020, following a 12.7 percent tumble in the previous month. Among major automakers, output fell at Nissan (-10.8 percent to 57.4 thousand), FCA Mexico (-19.7 percent to 39.8 thousand), Volkswagen (-1.5 percent to 36.9 thousand), Toyota (-19.8 percent to 13.8 thousand), Ford Motor (-11.4 percent to 24.3 thousand), Honda (-35.2 percent to 13.3 thousand) and Audi (-41.1 percent to 10.2 thousand). On the other hand, production grew at General Motors (8.3 percent to 76.2 thousand) and Mazda (259.3 percent to 19.2 thousand) while it remained flat at KIA (24.3 thousand).

Car Production in Mexico averaged 163.88 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. This page provides - Mexico Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Instituto Nacional de Estadística y Geografía (INEGI)

Car Production in Mexico is expected to be 358.00 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 2021, according to our econometric models.


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Mexico Car Production

Actual Previous Highest Lowest Dates Unit Frequency
320.41 207.62 381.99 35.61 1988 - 2020 Thousand Units Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-06 12:00 PM Oct -16.4% -0.4% 3.1%
2019-12-06 12:00 PM Nov -13% -16.4% -18%
2020-01-08 12:00 PM Dec -12.7% -13% -9.8%
2020-02-07 12:00 PM Jan -4.1% -12.7% -5%
2020-03-06 12:00 PM Feb -4.1%
2020-05-08 11:00 AM Apr
2020-06-05 11:00 AM May
2020-08-06 11:00 AM Jul
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Mexico Car Output Falls 4.1% YoY in January
Car production in Mexico shrank 4.1 percent year-on-year to 320.4 thousand units in January 2020, following a 12.7 percent tumble in the previous month. Among major automakers, output fell at Nissan (-10.8 percent to 57.4 thousand), FCA Mexico (-19.7 percent to 39.8 thousand), Volkswagen (-1.5 percent to 36.9 thousand), Toyota (-19.8 percent to 13.8 thousand), Ford Motor (-11.4 percent to 24.3 thousand), Honda (-35.2 percent to 13.3 thousand) and Audi (-41.1 percent to 10.2 thousand). On the other hand, production grew at General Motors (8.3 percent to 76.2 thousand) and Mazda (259.3 percent to 19.2 thousand) while it remained flat at KIA (24.3 thousand).
2020-02-07
Mexico Car Production Drops 12.7% in December
Car production in Mexico plunged 12.7 percent year-on-year to 207.62 thousand units in December 2019, following a 13.0 percent tumble in the previous month. Among major automakers, output dropped at Ford Motor (-21.0 percent), Audi (-64.5 percent), Volkswagen (-12.2 percent), FCA México (-44.8 percent), KIA (-11.8 percent), Nissan (-32.6 percent), Honda (-29.9 percent) and Toyota (-15.4 percent). In contrast, production increased at General Motors (63.2 percent) and Mazda (18.5 percent). Considering 2019 full year, auto output fell 4.2 percent over a year ago to 3.75 million units, the second annual decline in succession and the biggest since 2009.
2020-01-08
Mexico Car Production Falls 13% in November
Car production in Mexico plunged 13.0 percent year-on-year to 300 thousand units in November 2019, following a 16.4 percent tumble in the previous month. Among major automakers, output dropped at Ford Motor (-68.2% to 8.1 thousand), Audi (-27.6% to 12.0 thousand), Volkswagen (-23.0% to 28.4 thousand), FCA México (-15.7% to 41.1 thousand), KIA (-19.5% to 24.1 thousand), Nissan (-17.6% to 55.3 thousand), Honda (-6.8% to 14.3 thousand) and Toyota (-6.4% to 15.9 thousand). In contrast, production increased at General Motors (9.1% to 81.9 thousand) and Mazda (10.5% to 14.0 thousand). In January to November, auto output fell 3.6 percent over a year ago to 3.54 million units.
2019-12-06
Mexico Car Output Slumps 16.4% YoY in October
Car production in Mexico declined 16.4 percent year-on-year to 311.2 thousand units in October 2019, following a 0.4 percent fall in the previous month. Among major automakers, Ford did not produce any vehicles during the month, amid changes in equipment at its plants. Also, output dropped for Nissan (-13.1% to 69.8 thousand), FCA México (-2.4% to 57.5 thousand), General Motors (-30.1% to 54.9 thousand), Volkswagen (-21.3% to 37.9 thousand), KIA (-13.2% to 28.4 thousand) and Mazda (-11.8% to 7.3 thousand). In contrast, production increased for Toyota (2.1% to 18.1 thousand), Honda (329.4% to 17.7 thousand) and Audi (3.7% to 13.6 thousand). Considering the first ten months of the year, auto output fell 2.6 percent over a year ago to 3.24 million units.
2019-11-06

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