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12 Jan
13:59

Mexico automotive industry improves in 2023, outlook positive

Mexican car production fell sequentially in December, while exports and sales were higher, Kallanish notes. The industry’s full-year 2023 performance strengthened versus 2022. Automotive production in Mexico is expected to grow around 8% in 2024 to surpass 4.1 million units, according to Asociación Mexicana de la Indústria Automotriz (Amia). December production decreased by 34.5% month-on-month to 215,923 units and was 9.9% weaker o…
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