Car production in Mexico plunged 12.7 percent year-on-year to 207.62 thousand units in December 2019, following a 13.0 percent tumble in the previous month. Among major automakers, output dropped at Ford Motor (-21.0 percent), Audi (-64.5 percent), Volkswagen (-12.2 percent), FCA México (-44.8 percent), KIA (-11.8 percent), Nissan (-32.6 percent), Honda (-29.9 percent) and Toyota (-15.4 percent). In contrast, production increased at General Motors (63.2 percent) and Mazda (18.5 percent). Considering 2019 full year, auto output fell 4.2 percent over a year ago to 3.75 million units, the second annual decline in succession and the biggest since 2009.

Car Production in Mexico averaged 163.88 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. This page provides - Mexico Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Instituto Nacional de Estadística y Geografía (INEGI)

Car Production in Mexico is expected to be 358.00 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.


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Mexico Car Production

Actual Previous Highest Lowest Dates Unit Frequency
207.62 299.97 381.99 35.61 1988 - 2019 Thousand Units Monthly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-04 11:00 AM Sep -0.4% -9.6% 3.5%
2019-11-06 12:00 PM Oct -16.4% -0.4% 3.1%
2019-12-06 12:00 PM Nov -13% -16.4% -18%
2020-01-08 12:00 PM Dec -12.7% -13% -9.8%
2020-02-07 12:00 PM Jan -12.7% -5%


News Stream
2019-12-06
Mexico Car Production Falls 13% in November
Car production in Mexico plunged 13.0 percent year-on-year to 300 thousand units in November 2019, following a 16.4 percent tumble in the previous month. Among major automakers, output dropped at Ford Motor (-68.2% to 8.1 thousand), Audi (-27.6% to 12.0 thousand), Volkswagen (-23.0% to 28.4 thousand), FCA México (-15.7% to 41.1 thousand), KIA (-19.5% to 24.1 thousand), Nissan (-17.6% to 55.3 thousand), Honda (-6.8% to 14.3 thousand) and Toyota (-6.4% to 15.9 thousand). In contrast, production increased at General Motors (9.1% to 81.9 thousand) and Mazda (10.5% to 14.0 thousand). In January to November, auto output fell 3.6 percent over a year ago to 3.54 million units.

2019-11-06
Mexico Car Output Slumps 16.4% YoY in October
Car production in Mexico declined 16.4 percent year-on-year to 311.2 thousand units in October 2019, following a 0.4 percent fall in the previous month. Among major automakers, Ford did not produce any vehicles during the month, amid changes in equipment at its plants. Also, output dropped for Nissan (-13.1% to 69.8 thousand), FCA México (-2.4% to 57.5 thousand), General Motors (-30.1% to 54.9 thousand), Volkswagen (-21.3% to 37.9 thousand), KIA (-13.2% to 28.4 thousand) and Mazda (-11.8% to 7.3 thousand). In contrast, production increased for Toyota (2.1% to 18.1 thousand), Honda (329.4% to 17.7 thousand) and Audi (3.7% to 13.6 thousand). Considering the first ten months of the year, auto output fell 2.6 percent over a year ago to 3.24 million units.

2019-10-04
Mexico Car Output Falls 0.4% YoY in September
Car production in Mexico fell 0.4 percent year-on-year to 318.9 thousand units in September 2019, following a 9.6 percent decline in the previous month. Among major automakers, output went down for Nissan (-8.9% to 60.1 thousand), FCA México (-20.5% to 45.8 thousand), KIA (-14.5% to 24.2 thousand), Ford Motor (-20.8% to 17.8 thousand), Toyota (-4.2% to 17.6 thousand) and Mazda (-62.4% to 3.6 thousand). On the other hand, production rose for General Motors (0.4% to 75.3 thousand), Volkswagen (33.7% to 39.1 thousand), Audi (54.8% to 15.1 thousand) and Honda (365.3% to 16.7 thousand). Considering the first nine months of the year, auto output dropped 0.8 percent over a year earlier to 2.93 million units.

2019-09-09
Mexico Car Output Falls the Most in 8 Months
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.

2019-08-06
Mexico Car Output Falls 1% YoY in July
Car production in Mexico decreased 1.0 percent year-on-year to 292.6 thousand units in July 2019, following a 4.4 percent fall in the previous month. It was also the lowest figure for a July month since 2016. Among major automakers, output went down for FCA México (-2.4% to 55.9 thousand), Nissan (-21.6% to 38.4 thousand), Volkswagen (-36% to 32.3 thousand), Audi (-5.3% to 13 thousand) and Mazda (-44.1% to 7.8 thousand). In contrast, production rose for General Motors (19.3% to 77.3 thousand), KIA (28.9% to 21.5 thousand), Ford Motor (1.9% to 17 thousand), Honda (542.3% to 14.8 thousand) and Toyota (17.5% to 12.6 thousand). Meantime, auto exports grew 9.5 percent to 270.9 thousand units, after increasing 1.7 percent in June, namely driven by General Motors (27.1% to 74.6 thousand), FCA México (5.1% to 50.8 thousand), Ford Motor (36.3% to 16.2 thousand) and KIA (39.2% to 15.8 thousand).

2019-07-08
Mexico Car Output Falls 4.4% YoY in June
Car production in Mexico dropped 4.4 percent year-on-year to 337.3 thousand units in June 2019, following a 1.5 percent fall in the previous month. Among major automakers, output went down for Nissan (-22 percent to 56.8 thousand), FCA México (-5.1 percent to 56.1 thousand), Toyota (-15.8 percent to 14.4 thousand), Audi (-17 percent to 11.8 thousand) and Mazda (-71.7 percent to 5 thousand). On the other hand, production rose for General Motors (2.2 percent to 77.8 thousand), Volkswagen (16.2 percent to 44 thousand), Ford Motor (26.5 percent to 27.5 thousand), KIA (9.8 percent to 24.8 thousand) and Honda (27.7 percent to 17.4 thousand). Meantime, auto exports increased 1.7 percent to 320.5 thousand units, after rising 5.6 percent in May, namely General Motors (3.2 percent to 76.7 thousand) and Volkswagen (62 percent to 47.5 thousand).


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

Mexico Business Last Previous Highest Lowest Unit
Business Confidence 49.50 49.90 58.60 34.00 points [+]
Manufacturing PMI 47.10 48.00 57.10 47.10 points [+]
Industrial Production -2.10 -3.00 23.80 -17.50 percent [+]
Industrial Production Mom 0.80 -1.50 8.50 -8.00 percent [+]
Manufacturing Production -3.00 -1.30 18.30 -17.70 percent [+]
Capacity Utilization 79.70 81.10 82.60 74.10 percent [+]
Changes in Inventories 128308.00 125471.00 280410.00 49273.00 MXN Million [+]
Total Vehicle Sales 70607.00 62538.00 127604.00 6318.00 [+]
Car Production 207.62 299.97 381.99 35.61 Thousand Units [+]
Car Registrations 70607.00 62538.00 127604.00 6318.00 [+]
Leading Economic Index -1.20 -0.80 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 [+]
Steel Production 1420.00 1515.00 1850.00 466.00 Thousand Tonnes [+]
Private Investment -8.60 -6.80 33.10 -41.90 percent [+]
Mining Production 0.90 -2.30 45.30 -25.20 percent [+]
Competitiveness Index 64.95 64.60 64.95 4.18 Points [+]
Competitiveness Rank 48.00 46.00 66.00 44.00 [+]
Crude Oil Rigs 49.00 50.00 107.00 8.00 [+]
Corruption Index 29.00 28.00 37.00 26.60 Points [+]
Corruption Rank 130.00 138.00 138.00 32.00 [+]
Ease of Doing Business 60.00 54.00 60.00 42.00 [+]
Gold Production 6990.00 6383.00 11688.00 384.00 Kg [+]