ANPACT

Mexico’s truck production industry struggles in August

Production of heavy-duty trucks in Mexico fell 30% in August, while exports showed a 32% decline, according to data from Mexico’s National Institute of Statistics and Geography (INEGI).

Exports of trucks are recovering slowly, while domestic sales in Mexico are struggling as the coronavirus pandemic continues to affect the economy, said Miguel Elizalde, president of Mexico’s National Association of Producers of Buses, Trucks and Tractors (ANPACT).

“As an indicator of the economy, domestic demand...

https://s29755.pcdn.co/news/mexicos-truck-production-industry-struggles-in-august

Borderlands: Mexican auto production revs up; Trump OKs new international rail bridge

Auto manufacturing and sales in Mexico rebound in July

Automotive production in Mexico broke out of a four-month slump in July, according to data from several Mexican industry trade groups.

The sale of commercial cargo trucks jumped 80% in the month, according to figures released Friday by Mexico’s National Association of Producers of Buses, Trucks and Tractors (ANPACT).

Total wholesale sales of commercial cargo trucks (Class 4 to Class 8) were 2,412, an 80% improvement over July 2019, when truck...

https://www.freightwaves.com/news/borderlands-mexican-auto-production-revs-up-trump-oks-new-international-rail-bridge

Mexico’s auto industry in unprecedented crisis due to coronavirus

Mexico’s auto production could fall by 30% in 2020 while exports may slide 33%, according to Fausto Cuevas, director general of the Mexican Association of the Automotive Industry (AMIA), during a video press conference Monday.

The country’s automotive production industry — which includes passenger vehicles and heavy-duty trucks — was hammered by Mexico’s closure of all nonessential businesses on March 30 to slow the spread of the coronavirus. This included automakers such as Chevrolet, General...

https://s29755.pcdn.co/news/mexicos-auto-industry-in-unprecedented-crisis-due-to-coronavirus

Mexico’s auto production and sales collapse during April

Auto factories across Mexico were closed in April, consequently wholesale and retail heavy-duty truck dealerships reported sales declines of 77% compared to the same period in 2019.

Only 893 heavy-duty trucks were sold at the wholesale level in Mexico in April, compared with 3,865 trucks sold during the same period in 2019.

Miguel Elizalde, president of Mexico’s National Association of Producers of Buses, Trucks and Tractor-trucks (ANPACT) said the Mexican government must allow auto factories to...

https://www.freightwaves.com/news/mexicos-auto-production-and-sales-collapse-during-april

+ More