Bloomberg News

Mexico’s November Auto Output Rose 11.3%, AMIA Says

December 14, 2011

(Updates to correct percentage increase in headline, first and third paragraphs.)

Dec. 13 (Bloomberg) -- Mexican production of cars and light trucks rose 231,080 units in November, a 11.3 percent increase from the same month a year earlier, the nation’s Automobile Industry Association, known as AMIA, reported today.

Mexico was forecast to produce 228,000 cars and light trucks in November, according to the median estimate of three economists surveyed by Bloomberg.

Exports of vehicles rose 18.3 percent last month to 199,068 units, the group said today in a statement distributed in Mexico City.

Domestic sales increased 10 percent to 83,107 vehicles last month compared with 75,582 units in November 2010, according to the statement.

--Editor: Jose Enrique Arrioja

To contact the reporter on this story: Crayton Harrison in Mexico City at tharrison5@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net


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