Bloomberg News

Mexico December Auto Production Rose 5% From 2010, AMIA Says

January 12, 2012

(Adds annual output figures starting in fourth paragraph.)

Jan. 11 (Bloomberg) -- Mexican production of cars and light trucks rose to 180,163 units in December, a 5 percent increase from the same month a year earlier, the nation’s Automobile Industry Association reported today.

Exports of vehicles rose 16 percent last month to 171,319 units, the group, known as AMIA, said today in a statement distributed in Mexico City.

Domestic sales rose 10.2 percent to 115,696 units last month compared with 104,941 units a year earlier, according to the statement.

In 2011, Mexican output and exports hit a record, said Eduardo Solis, president of AMIA during an event in Mexico City.

Production of cars and light trucks rose to 2.56 million units last year, a 13 percent increase from 2010.

Exports rose 15 percent in 2011 to 2.14 million units compared to 2010. Of these, 64 percent went to the U.S., AMIA data show.

Domestic sales of cars and light trucks rose for a 22nd consecutive month in December. They reached 905,886 units for the entire year, an increase of 10 percent from the previous year.

Mexican sales may surpass a million units this year, said Guillermo Rosales, head of institutional relations for the nation’s dealership association, speaking at the same event.

--Editor: Jonathan Roeder

To contact the reporter on this story: Adriana Lopez Caraveo in Mexico City at adrianalopez@bloomberg.net

To contact the editor responsible for this story: Jose Enrique Arrioja at jarrioja@bloomberg.net


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