Mexico vehicle production down 94% in May 2020, six times higher than last month

Mexico’s National Institute of Statistics and Geographic Information (INEGI) announced on June 5 that the number of vehicles produced in May was 22,119, a 94% decrease from the same month last year. Each company had stopped operating the plant from the end of March due to the spread of the new coronavirus, but the production has resumed gradually after May 18.

Chrysler assembly plant in Saltillo, Coahuila, Mexico

In May, the production increased to almost 6 times the April result (3,722 units). General Motors (GM) produced the highest number of vehicles, 8970 units. European and American Fiat Chrysler Automobiles (FCA) followed by 3,291 units, Toyota Motor Corp. at 2755 units and Nissan Motors 2,124 units.

Volkswagen (VW) Germany, Audi Germany, and Anhui Jianghuai Automobile Group (JAC) in China produced zero vehicles. The two German companies have a production base in central Puebla, but the state only allows the auto industry to resume after June 15.

Total production from January to May was 934,234 units, 43% lower than the same period of the previous year. The number of vehicles exported in May was 15,088 units, down 95% from the same month of the previous year. It was the lowest level since 1988.

Author: Nabeel K

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