Mexico's car production dropped 21.4 percent year-on-year to 237.0 thousand units in August of 2021, primarily driven by a sharp fall in the three biggest brands due to a global semiconductor shortage. General Motors' output levels plunged 59.2 percent to 28.2 thousand units, Nissan production fell 19.2 percent to 46.9 thousand and Stellantis production decreased 20 percent to 39 thousand. Still, the total car production in the first eight months of 2021 grew 13.3 percent to 2,054.6 thousand. source: Instituto Nacional de Estadística y Geografía (INEGI)

Car Production in Mexico averaged 167.10 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 September of 2021.

Car Production in Mexico is expected to be 265.00 Thousand Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.

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Mexico Car Production

Actual Previous Highest Lowest Dates Unit Frequency
237.04 221.84 381.99 3.72 1988 - 2021 Thousand Units Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-04 11:00 AM May 956.1% 7132.1% 1030%
2021-07-07 11:00 AM Jun 5.5% 956.1% 4.5%
2021-08-06 11:00 AM Jul 26.5% 5.5% -2.2%
2021-09-06 11:00 AM Aug -21.4% -26.5% 11%
2021-10-06 11:00 AM Sep -21.4%
2021-11-08 12:00 PM Oct
2021-12-06 12:00 PM Nov


News Stream
Mexico Car Production Slumps in August
Mexico's car production dropped 21.4 percent year-on-year to 237.0 thousand units in August of 2021, primarily driven by a sharp fall in the three biggest brands due to a global semiconductor shortage. General Motors' output levels plunged 59.2 percent to 28.2 thousand units, Nissan production fell 19.2 percent to 46.9 thousand and Stellantis production decreased 20 percent to 39 thousand. Still, the total car production in the first eight months of 2021 grew 13.3 percent to 2,054.6 thousand.
2021-09-06
Mexico Car Production Rises 5.5% in June
Mexico's car production rose 5.5 percent year-on-year to 264.0 thousand units in June of 2021, primarily driven by stronger output levels from Nissan (27.6 percent to 44.6 thousand units), Toyota (29.8 percent to 20.4 thousand units), Audi (689.1 percent to 16.3 thousand units), KIA (22.3 percent to 18.9 thousand units), and Honda (18.4 percent to 15.3 thousand units). Still, production was lower in two of the biggest brands, namely General Motors (-13.0 percent to 64.4 thousand units) and Stellantis (-27.7 percent to 32.9 thousand units).
2021-07-07
Mexico Car Production Surges in May
Mexico's car output jumped 956.1 percent year-on-year to 241.4 thousand units in May of 2021, on improved demand as economies worldwide reopen and due to a low base comparison from the previous year amid the Covid-19 crisis. Among major automakers, output increased at Nissan (1936% to 43.1 thousand), General Motors (391.2% to 44.1 thousand), Stellantis (763.3% to 28.4 thousand), KIA (769.6% to 20 thousand) and Toyota (408.9% to 19 thousand). In May 2020, only 23 thousand vehicles were produced in Mexico, as the country was under a strict national lockdown due to the coronavirus outbreak.
2021-06-04
Mexico Car Production Jumps in April
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.
2021-05-07

Mexico Car Production
In Mexico, Car Production refers to total production of vehicles.