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November 11, 2005

MEXICO: Light vehicle sales up 4.1% this year

New light vehicle sales in Mexico to the end of October totalled 884,214, 4.1% up on the same period in 2004, according to autonewsmexico.com, citing data from the Mexican Automotive Industry Association (AMIA).

New light vehicle sales in Mexico to the end of October totalled 884,214, 4.1% up on the same period in 2004, according to autonewsmexico.com, citing data from the Mexican Automotive Industry Association (AMIA).

Toyota retailed 25,355 vehicles in the period, 37.5% more than in the same 10 months of 2004.

Among the worst performers was local manufacturer Volkswagen, which sold 118, 281 new vehicles, 12.5% down on the year before.

Mitsubishi’s sales grew 42.1% to 11,315 while Honda’s were up 25.5%, at 28,367.

The leader, General Motors, retailed 198,870 (up 5.3%). In second place Nissan sold 179,969 units (0.1% up).

A surprise for many was Ford’s performance, autonewsmexico.com said. The blue oval retailed 150,064 vehicles in the period, 9.6% up, while DaimlerChrysler also did well, retailing 96,980 vehicles (excluding Mercedes-Benz and smart), 8.8% up.

Exports totaled 933,432 vehicles, down 0.7% on the first 10 months of 2004. DaimlerChrysler accounted for 29.9% of all light vehicle exports, according to AMIA, followed by GM (28%), Volkswagen (20%), Nissan (13.8%), Ford (6.9%) and Honda (1.3%).

Total production to the end of October was 1,290,237 vehicles, up 0.1%, while production in October rose 15.7% to 166,523.

The largest producers to the end of October were GM (338,072), Nissan (290,887), DaimlerChrysler (289,479), Volkswagen (239,831), Ford (100,350), Honda (19,682) and Renault (11,923), autonewsmexico.com said.

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