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Updated · MarketWatch · May 11Mexico Light-Vehicle Exports Jump 11% to 286,317 in April as Production Rises 2.1%
12 articles · Updated · MarketWatch · May 11
- 286,317 vehicles left Mexico in April, up 11% from a year earlier, while output rose 2.1% to 329,878 units, according to Inegi.
- 1.08 million vehicles were exported in January-April, a 4.7% increase, as Mexico produced 1.3 million units in the period—80% of them light trucks.
- 76% of April exports went to the U.S. and 12% to Canada, underscoring North America's dominance as Mexico's main auto market.
- 118,859 new vehicles were sold domestically in April, up 8.6%, lifting January-April sales 4.8% to 500,512 units.
As the U.S. car market falters, why are exports from Mexico still accelerating to record highs? Mexico’s auto sector is booming, but can its fragile infrastructure and energy grid sustain the EV revolution? With a USMCA review looming, can Mexico's auto sector embrace Chinese investment without facing U.S. backlash?