Monthly production volume of light vehicles in Mexico 2019-2021
The number of light vehicles produced in Mexico dropped below 3.8 thousand units in April 2020, a decline of around 98.8 percent compared to the production volume reported during the same month a year earlier. The severe slowdown in the automobile production is related to the health emergency declared by the Mexican government at the end of March 2020 due to the COVID-19 outbreak. From that moment on, all non-essential activities in the public and private sectors of this Latin American country were suspended.
After the reactivation of the non-essential activities, the production of vehicles recovered. In June 2021, a production of more than 263 thousand light vehicles was reported, which represented an increase of about 5.5 percent compared to what was produced in June 2020.
After the reactivation of the non-essential activities, the production of vehicles recovered. In June 2021, a production of more than 263 thousand light vehicles was reported, which represented an increase of about 5.5 percent compared to what was produced in June 2020.
