Mexico's auto exports fell 8.6 percent year-on-year to 257,610 units in August 2020, following a 5.5 percent drop in the previous month, amid the coronavirus crisis. Among major exporters, shipments went down from General Motors (-10.2 percent to 71.8 thousand), FCA Mexico (-21 percent to 36 thousand), Ford Motor (-79.8 percent to 5.1 thousand), Nissan (-18.5 percent to 33.7 thousand), KIA (-34.1 percent to 13 thousand), Audi (146.9 percent to 15.8 thousand), and Honda (-21.4 percent to 12.9 thousand). In contrast, shipments increased from Volkswagen (32.1 percent to 33.4 thousand), Toyota (13.8 percent to 17.4 thousand), Mazda (224.2 percent to 12.4 thousand) and BMW Group (132.4 percent to 5.9 thousand).
Auto Exports in Mexico averaged 125.61 Thousand Units from 1988 until 2020, reaching an all time high of 323.63 Thousand Units in March of 2019 and a record low of 9.50 Thousand Units in September of 1989. This page provides - Mexico Auto Exports- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Auto Exports - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Auto Exports in Mexico is expected to be 259.00 Thousand Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Auto Exports in Mexico to stand at 310.00 in 12 months time. In the long-term, the Mexico Auto Exports is projected to trend around 310.00 Thousand Units in 2021 and 320.00 Thousand Units in 2022, according to our econometric models.