Mexico's car output jumped 12.5 percent year-on-year to 303.5 thousand units in March of 2021, the biggest rise in three months, following a 28.8 percent plunge in the previous month. The biggest gains were reported for Nissan (27.4 percent to 59.1 thousand); Chrysler (4.5 percent to 32.2 thousand); Volkswagen (8.2 percent to 32.1 thousand); Ford (56.3 percent to 25.3 thousand); and Toyota (60.9 percent to 18.5 thousand). Conversely, output fell at General Motors (-13.8 percent to 57.2 thousand) and KIA (-14.6 percent to 22.2 thousand). source: Instituto Nacional de Estadística y Geografía (INEGI)
Car Production in Mexico averaged 166.07 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 April of 2021.
Car Production in Mexico is expected to be 215.00 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 320.00 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.