Car production in Mexico fell 1.5 percent year-on-year to 349.6 thousand units in May 2019, following a 2 percent gain in the previous month. Among major automakers, output declined for Nissan (-1.8% to 62 thousand), Volkswagen (-5.7% to 41.8 thousand), Honda (-4.5% to 19.2 thousand), Toyota (-11.9% to 16 thousand), Audi (-27.6% to 13.1 thousand) and Mazda (-63% to 5.9 thousand). In contrast, production rose for General Motors (4.8% to 79.8 thousand), FCA México (7.4% to 54.5 thousand), Ford Motor (25.7% to 30 thousand) and KIA (8.3% to 26.5 thousand). Meantime, auto exports grew 5.6 percent to 304.9 thousand units, up from a 5 percent rise in April, led by Volkswagen (40.2% to 43 thousand) and Nissan (8.9% to 42 thousand). Car Production in Mexico averaged 161.32 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.

Car Production in Mexico is expected to be 351.00 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 358.00 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.

Mexico Car Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-07 02:00 PM Auto Production YoY -5% 9.9% 7%
2019-04-05 02:10 PM Auto Production YoY 4.8% -5% 1.2%
2019-05-07 01:00 PM Auto Production YoY 2.0% 4.8% 3.2%
2019-06-06 01:00 PM Auto Production YoY -1.5% 2.0% 3%
2019-07-08 01:00 PM Auto Production YoY -1.5% 0.5%
2019-08-06 01:00 PM Auto Production YoY
2019-09-09 02:50 PM Auto Production YoY


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 52.40 52.40 58.60 34.00 Index Points [+]
Manufacturing PMI 50.00 50.10 57.10 49.20 [+]
Industrial Production -2.86 -0.06 23.82 -17.50 percent [+]
Industrial Production Mom 1.50 -1.20 8.40 -8.00 percent [+]
Manufacturing Production -0.36 2.78 18.26 -17.74 percent [+]
Capacity Utilization 80.70 81.60 82.50 74.10 percent [+]
Changes in Inventories 185467.00 179436.00 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 56387.00 67680.00 127604.00 6318.00 [+]
Car Production 349.63 299.71 381.99 35.61 Thousand Units [+]
Car Registrations 56387.00 67680.00 127604.00 6318.00 [+]
Leading Economic Index -1.40 1.30 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 [+]
Private Investment -2.40 -1.90 33.10 -41.90 percent [+]
Mining Production -9.00 -6.00 45.30 -25.22 percent [+]
Steel Production 1600.00 1780.00 1850.00 466.00 Thousand Tonnes [+]
Competitiveness Index 64.60 64.14 64.60 4.18 Points [+]
Competitiveness Rank 46.00 44.00 66.00 44.00 [+]
Crude Oil Rigs 30.00 24.00 107.00 8.00 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Corruption Index 28.00 29.00 37.00 26.60 Points [+]
Corruption Rank 138.00 135.00 138.00 32.00 [+]


Mexico Car Production

In Mexico, Car Production refers to total production of vehicles. This page provides - Mexico Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Car Production - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
349.63 299.71 381.99 35.61 1988 - 2019 Thousand Units Monthly
NSA




Country Last Previous
Argentina 30280.00 May/19
Brazil 275700.00 May/19
China 1491400.00 May/19
France 2269600.00 Dec/18
Germany 445700.00 May/19
India 217200.00 May/19
Japan 780165.00 Mar/19
Mexico 349.63 May/19
Russia 147.50 Apr/19
South Korea 4028834.00 Dec/18
Spain 1792.00 Apr/19
Turkey 136517.00 May/19
United Kingdom 70971.00 Apr/19
United States 2.56 May/19


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