Mexico's light-vehicle output, exports hit record in 2014

Posted on 1/9/2015 5:33:14 PM

Automobile production in Mexico posted more than 2-1 / 2 years, the largest increase in December, should vigorously promote the next few years, the industry trade group said.

Production from December 2013 increased by 27 percent, the biggest increase since April 2012, data from the Mexican Association of Automobile Manufacturers. Meanwhile, auto exports rose 21 percent last month, he said.

Production increased in 2014 by 10 percent from 2013 to a record 3.22 million units, while exports grew 9 percent to a record 2.64 million vehicles, AMIA, said.

Car exports from Mexico to the United States increased by 22 percent in December fell by 0.8%, Canada. Vehicle exports to other Latin American countries rose 18%, respectively, while shipments in Asia soared 115 percent, the association said. Auto exports to Europe, but fell by 22%.

Local car sales advanced 12 percent to 133,273 units last month, AMIA said.

According to the Mexican government, the auto industry has committed about 190 billion dollar investment in the country because President Enrique Peña Nieto took office in December 2012.

2020, said AMIA President Eduardo Solis, who expects 5 million cars made in Mexico each year.

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