Mexico's car output dropped 13.2 percent over a year earlier to 293,463 units in August 2020, after rising 0.7 percent in the previous month, as the coronavirus pandemic continued to hit the sector. Among major automakers, output declined at General Motors (-14.9 percent to 69.2 thousand), Nissan (-7.7 percent to 58.1 thousand), Volkswagen (-26.8 percent to 30.9 thousand), KIA (-32.6 percent to 17.4 thousand), Toyota (-5.4 percent to 17.2 thousand), Honda (-22.6 percent to 14.9 thousand) and Ford Motor (-99.5 percent to 0.1 thousand). Meanwhile, production rose at FCA México (6.7 percent to 48.8 thousand), Audi (80.7 percent to 15.3 thousand), Mazda (135.6 percent to 13.9 thousand) and BMW Group (104.9 percent to 7 thousand).

Car Production in Mexico averaged 165.04 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 September of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Car Production in Mexico is expected to be 260.00 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 330.00 in 12 months time. In the long-term, the Mexico Car Production is projected to trend around 360.00 Thousand Units in 2021 and 370.00 Thousand Units in 2022, according to our econometric models.

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Mexico Car Production

Actual Previous Highest Lowest Dates Unit Frequency
293.46 294.95 381.99 3.72 1988 - 2020 Thousand Units Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-05 11:00 AM May -93.7% -98.8% -70%
2020-07-07 11:00 AM Jun -29.3% -93.7% -80%
2020-08-06 11:00 AM Jul 0.7% -29.3% -20%
2020-09-04 11:00 AM Aug -13.2% 0.7% 1%
2020-11-09 12:00 PM Oct
2020-12-04 12:00 PM Nov


News Stream
Mexico Car Output Falls 13.2% in August
Mexico's car output dropped 13.2 percent over a year earlier to 293,463 units in August 2020, after rising 0.7 percent in the previous month, as the coronavirus pandemic continued to hit the sector. Among major automakers, output declined at General Motors (-14.9 percent to 69.2 thousand), Nissan (-7.7 percent to 58.1 thousand), Volkswagen (-26.8 percent to 30.9 thousand), KIA (-32.6 percent to 17.4 thousand), Toyota (-5.4 percent to 17.2 thousand), Honda (-22.6 percent to 14.9 thousand) and Ford Motor (-99.5 percent to 0.1 thousand). Meanwhile, production rose at FCA México (6.7 percent to 48.8 thousand), Audi (80.7 percent to 15.3 thousand), Mazda (135.6 percent to 13.9 thousand) and BMW Group (104.9 percent to 7 thousand).
2020-09-04
Mexico Car Production Rebounds in July
Mexico's car output rose 0.7 percent year-on-year to 294,946 units in July 2020, rebounding from a 29.3 percent decline in the previous month, as vehicles assembly plants continued to resume operations following shutdowns due to the coronavirus pandemic. Among major automakers, output increased at General Motors (6.2 percent to 82.1 thousand), Nissan (12 percent to 43 thousand), Volkswagen (18.8 percent to 38.4 thousand), FCA México (-43.2 percent to 31.8 thousand), Ford Motor (58.6 percent to 27 thousand), Toyota (29.1 percent to 16.3 thousand), Audi (0.7 percent to 13.1 thousand), Mazda (29.6 percent to 10.1 thousand) and BMW Group (229.7 percent to 6 thousand). Meanwhile, production dropped at KIA (-34.9 percent to 14 thousand) and Honda (-14.8 percent to 12.6 thousand).
2020-08-06
Mexico Car Output Drops for 4th Straight Month
Mexico's car output declined 29.3 percent year-on-year to 238,946 units in June 2020, following a 93.7 percent slump in the previous month, amid the coronavirus crisis. Among major automakers, output dropped at Volkswagen (-79.7 percent to 8.9 thousand), Audi (-82.5 percent to 2.1 thousand), General Motors (-4.8 percent to 74.1 thousand), FCA México (-18.9 percent to 45.5 thousand), Nissan (-38.5 percent to 34.9 thousand), KIA (-37.7 percent to 15.5 thousand), Honda (-25.7 percent to 12.9 thousand), Ford Motor (-27.4 percent to 20 thousand) and Toyota (-14.4 percent to 12.3 thousand). Meanwhile, production rose at Mazda (78.4 percent to 8.9 thousand) and BMW Group (109.6 percent to 3.5 thousand).
2020-07-07
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
In Mexico, Car Production refers to total production of vehicles.