Mexico's car output surged 7132.1 percent year-on-year to 269.18 thousand units in April 2021, mainly boosted by rising production at General Motors, Nissan, FCA México, Volkswagen, Ford Motor and Toyota. In March 2020, only 3.7 thousand vehicles were produced in Mexico, as the country was under a strict national lockdown due to the coronavirus outbreak. source: Instituto Nacional de Estadística y Geografía (INEGI)
Car Production in Mexico averaged 166.67 Thousand Units from 1988 until 2021, 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 May of 2021.
Car Production in Mexico is expected to be 240.00 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 340.00 in 12 months time. In the long-term, the Mexico Car Production is projected to trend around 360.00 Thousand Units in 2022 and 370.00 Thousand Units in 2023, according to our econometric models.