Mexico July Auto Production Falls 25% On Year To 108,897 Units
13 Agosto 2009 - 9:26AM
Noticias Dow Jones
Mexican auto production and exports in July fell sharply from a
year ago, although the rate of decline eased from previous
months.
The Mexican Auto Industry Association, or AMIA, said Thursday
that production last month fell 25% from July 2008 to 108,897
units, while exports were down 26% on the year to 90,872 units.
Domestic new car sales were 34% lower than in July 2008 at
56,443 units.
The drop in July production and exports was significantly
smaller than in previous months. Production in June had fallen 48%
from a year earlier, and was down 43% in the first half of the
year. Exports fell 45% in June and 42% in the first half.
-By Paul Kiernan, Dow Jones Newswires; (5255) 5001 5726,
paul.kiernan@dowjones.com