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. source: Instituto Nacional de Estadística y Geografía (INEGI)

Car Production in Mexico averaged 166.86 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 June of 2021.

Car Production in Mexico is expected to be 260.00 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 340.00 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
241.44 269.18 381.99 3.72 1988 - 2021 Thousand Units Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-05 12:00 PM Feb -28.9% -15.1% -30%
2021-04-08 11:00 AM Mar 12.5% -28.8% -18%
2021-05-07 11:00 AM Apr 7132.1% 12.5% 180%
2021-06-04 11:00 AM May 956.1% 7132.1% 1030%
2021-07-07 11:00 AM Jun 956.1% 4.5%
2021-08-06 11:00 AM Jul
2021-09-06 11:00 AM Aug
2021-10-06 11:00 AM Sep


News Stream
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 Rises the Most in 3 Months
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).
2021-04-08
Mexico Car Production Posts Worst February Since 2011
Mexico's car output fell 28.9 percent year-on-year to 238.9 thousand units in February of 2021. It is the lowest level for a February month since 2011, amid the pandemic crisis and following recent power cuts which forced major automobile manufacturers to shut operations temporarily. Among major automakers, production fell at Nissan (-17.2 percent to 49.4 thousand), General Motors (-44.2 percent to 41.6 thousand), FCA Mexico (-53.1 percent to 24.1 thousand), Volkswagen (-11.7 percent to 27.6 thousand), Ford Motor (-29.6 percent to 17.3 thousand) and KIA (-20 percent to 16.8 thousand). Conversely, output increased at Toyota (11.8 percent to 17.2 thousand) and BMW Group (16 percent to 5.6 thousand).
2021-03-05

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