Mexico Records Drop in Vehicle Production and Exports in 2020

In 2020, Mexico produced 3,040,178 vehicles, a 20.23 percent drop from 2019, according to the National Institute of Statistics and Geography's monthly report.

RIO DE JANEIRO, BRAZIL - Mexico's vehicle production and exports fell in 2020 as a result of the novel coronavirus pandemic, the National Institute of Statistics and Geography (INEGI) announced on Friday, January 8th.

In 2020, Mexico produced 3,040,178 vehicles, a 20.23 percent drop from 2019, according to the institute's monthly report.

The sector's exports, mostly to the United States, stood at 2,681,806 vehicles, a fall of 20.85 percent compared to 2019.

INEGI President Julio Santaella said on his Twitter account that despite the annual drops, December's data showed a recovery . . .

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