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Slow-down-the-automotive-industry-in-September- Grupo Milenio

Mexico City /

Even though the automotive industry record good numbers in septemberthe percentage increases are the lowest for a similar period since 2021 due to adjustments in the global demand.

In the ninth month of 2024 they occurred in Mexico 378 thousand 583 cars11.7 percent higher than that registered in the same period last year, reported this Friday the National Institute of Statistics and Geography (Inegi).

While they were exported to other markets 315 thousand 706 units, 4.8 percent higher than what was recorded in September 2023.

Even with that, the volumes registered in the ninth month of the year They are the highest in history of the national industry for a similar period now that many assembly companies began the production of new models, including those with motorization electric and hybrid.

General Motors is the company that increased its car assembly the most with an increase in 44.9 percentwhile in exports the Japanese nissan It has a tip with a rise of 96.7 percent.

This managed to compensate for the low activity of companies such as bmw which reduced by more than 30 percent its car assembly at its San Luís Potosí plant.

​Regarding exports, it was Mazda the one that most reduced its shipment of vehicles abroad in 46.3 percent.

In figures accumulated between January and September 2024, they were assembled in Mexico 3 million 30 thousand 855 cars, 6.1 percent higher than what was reported in the same period last year; It is the first time that the figure of 3 million for a period of the first nine months.

In exports, they were sent abroad 2 million 591 thousand 467 units, 7 percent higher than what was registered between January and September 2023, according to Inegi figures.

MATP

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Slow-down-the-automotive-industry-in-September- Grupo Milenio
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