Car production in Mexico slipped 9.6 percent year-on-year to 337.5 thousand units in August 2019, following a 1.0 percent decrease in the prior month. This was the steepest decline in car production since last December. Among major automakers, output fell for General Motors (-2.3% to 81.3 thousand), Nissan (-21.7% to 63 thousand), Volkswagen (-3.1% to 42.2 thousand), FCA México (-27.7% to 45.7 thousand), KIA (-18.7% to 25.8 thousand), Audi (-44% to 8.5 thousand) and Mazda (-51.8% to 5.9 thousand). In contrast, production grew for Ford Motor (11.6% to 24 thousand), Honda (372.6% to 19.3 thousand), Toyota (1.5% to 18.3 thousand). In the first eight months of the year, auto production went down 0.9 percent over a year ago to 2.61 million units. Car Production in Mexico averaged 162.60 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
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
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 -9.6% -1.0% 1.8%
2019-10-04 11:00 AM Auto Production YoY Sep -9.6%
2019-11-06 12:00 PM Auto Production YoY Oct
2019-12-06 12:00 PM Auto Production YoY Nov


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 49.70 49.40 58.60 34.00 Index Points [+]
Manufacturing PMI 49.00 49.80 57.10 49.00 [+]
Industrial Production -1.70 -2.90 23.82 -17.50 percent [+]
Industrial Production Mom -0.40 1.00 8.50 -8.00 percent [+]
Manufacturing Production 3.02 -0.83 18.26 -17.74 percent [+]
Capacity Utilization 82.60 81.10 82.60 74.10 percent [+]
Changes in Inventories 125471.00 185467.00 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 62669.00 63912.00 127604.00 6318.00 [+]
Car Production 337.46 292.64 381.99 35.61 Thousand Units [+]
Car Registrations 62669.00 63912.00 127604.00 6318.00 [+]
Leading Economic Index -0.90 -0.40 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 -7.46 -5.55 45.30 -25.22 percent [+]
Private Investment -8.80 -7.40 33.10 -41.90 percent [+]
Steel Production 1440.00 1580.00 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 33.00 37.00 107.00 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 6746.00 7127.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
337.46 292.64 381.99 35.61 1988 - 2019 Thousand Units Monthly
NSA




Country Last Previous
Argentina 49335.00 Aug/19
Brazil 269809.00 Aug/19
China 1693000.00 Aug/19
France 2269600.00 Dec/18
Germany 313200.00 Aug/19
India 195138.00 Aug/19
Indonesia 1055774.00 Dec/18
Japan 696692.00 Jun/19
Mexico 337.46 Aug/19
Russia 110.20 Jul/19
South Korea 4028834.00 Dec/18
Spain 2066.00 Jun/19
Turkey 52242.00 Aug/19
United Kingdom 108239.00 Jul/19
United States 2.55 Aug/19


Related

Latest