Mexico's car output surged 18.4 percent year-on-year to 254,251 units in December of 2020, following a 1.4 percent rise in the prior month, as the automotive sector continues to recover from the pandemic crisis. Among major automakers, output increased at Nissan (55.1 percent to 47.4 thousand), FCA México (84.9 percent to 39.6 thousand), KIA (5.3 percent to 18.6 thousand), Toyota (32.6 percent to 16.5 thousand), Honda (15.8 percent to 10.8 thousand), Mazda (0.5 percent to 10.8 thousand), Audi (280.9 percent to 13.3 thousand) and Mercedes Benz (31.5 percent to 7.7 thousand). In contrast, production fell at General Motors (-9.6 percent to 49 thousand), Volkswagen (-17.1 percent to 24.4 thousand) and Ford Motor (-35.2 percent to 10.6 thousand). source: Instituto Nacional de Estadística y Geografía (INEGI)

Car Production in Mexico averaged 165.56 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 January of 2021.

Car Production in Mexico is expected to be 310.00 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 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
254.25 312.18 381.99 3.72 1988 - 2020 Thousand Units Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-06 11:00 AM Sep -5.5% -13.2% -6%
2020-11-09 12:00 PM Oct 8.8% -5.5% -1%
2020-12-04 12:00 PM Nov 1.4% 8.8% 5.5%
2021-01-08 12:00 PM Dec 18.4% 1.4% 1.6%
2021-02-08 12:00 PM Jan 18.4%
2021-03-05 12:00 PM Feb
2021-04-08 11:00 AM Mar
2021-05-07 11:00 AM Apr


News Stream
Mexico Car Production Jumps in December
Mexico's car output surged 18.4 percent year-on-year to 254,251 units in December of 2020, following a 1.4 percent rise in the prior month, as the automotive sector continues to recover from the pandemic crisis. Among major automakers, output increased at Nissan (55.1 percent to 47.4 thousand), FCA México (84.9 percent to 39.6 thousand), KIA (5.3 percent to 18.6 thousand), Toyota (32.6 percent to 16.5 thousand), Honda (15.8 percent to 10.8 thousand), Mazda (0.5 percent to 10.8 thousand), Audi (280.9 percent to 13.3 thousand) and Mercedes Benz (31.5 percent to 7.7 thousand). In contrast, production fell at General Motors (-9.6 percent to 49 thousand), Volkswagen (-17.1 percent to 24.4 thousand) and Ford Motor (-35.2 percent to 10.6 thousand).
2021-01-08
Mexico Car Production Growth Slows in November
Mexico's car output rose 1.4 percent year-on-year to 311,844 units in November 2020, easing from an 8.8 percent increase in the previous month, as the automotive sector gradually recovers from the pandemic crisis. Among major automakers, output went up mostly at Nissan (3.2 percent to 57.1 thousand), FCA México (18.6 percent to 48.8 thousand), Toyota (12.8 percent to 18.1 thousand), Mazda (13.5 percent to 15.9 thousand), and Audi (7.8 percent to 12.9 thousand). In contrast, production fell at General Motors (-12.1 percent to 72.0 thousand), Volkswagen (-11.5 percent to 25.1 thousand), KIA (-12.9 percent to 21.0 thousand), and Honda (-9.7 percent to 12.9 thousand). Considering January to November, car output slumped 22.5 percent to 2.78 million units.
2020-12-04
Mexico Car Production Rebounds in October
Mexico's car output rose 8.8 percent year-on-year to 347,829 units in October of 2020, following a 5.5 percent fall in the previous month, as the automotive sector gradually recovers from the pandemic crisis. Among major automakers, output went up mostly at General Motors (45.2 percent to 79.7 thousand), Volkswagen (9.4 percent to 41.4 thousand), Toyota (15.6 percent to 20.9 thousand), Audi (19.7 percent to 16.3 thousand), Mazda (103.3 percent to 14.9 thousand) and Mercedes Benz (41.1 percent to 12.1 thousand). In contrast, production fell at Nissan (-6.1 percent to 65.6 thousand), FCA México (-13 percent to 50 thousand), KIA (-18.3 percent to 23.2 thousand) and Honda (-15.5 percent to 15 thousand).
2020-11-09
Mexico Car Output Drops 5.5% YoY in September
Mexico's car output fell 5.5 percent year-on-year to 301,426 units in September 2020, following a 13.2 percent drop in the previous month, amid the coronavirus crisis. Among major automakers, output went down at Nissan (-16.8 percent to 50.1 thousand), Volkswagen (-18 percent to 32.0 thousand), KIA (-18.2 percent to 19.8 thousand), Honda (-23.4 percent to 12.8 thousand) and Ford Motor (-98.2 percent to 0.3 thousand). On the other hand, production rose at General Motors (1.5 percent to 76.4 thousand), Toyota (6.9 percent to 18.9 thousand), FCA México (14.4 percent to 52.4 thousand), Audi (11 percent to 16.8 thousand), Mazda (316.8 percent to 15.2 thousand) and BMW Group (106.1 percent to 7 thousand).
2020-10-06

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