Mexico’s automotive manufacturing industry stems bleeding

After more than two months of shutdowns and delays, Mexico’s automotive manufacturing industry showed signs of life, producing 238,946 units in June, according to a new report from Mexico’s National Institute of Statistics and Geography (INEGI).

The Mexican auto production industry still registered a 29% decline in June compared to the same period in 2019. But the figure is a significant improvement over the historic 98% and 94% declines in April and May, said Fausto Cuevas, director general of...

https://www.freightwaves.com/news/mexicos-automotive-manufacturing-industry-stems-bleeding

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