Mexico’s car production fell 13.3% in May to 145, 530 units from 167,817 units in the year-ago month, Dow Jones reported, citing figures from the Mexican Auto Industry Association, or AMIA.
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Sales and exports reportedly also fell during the month, pointing to continued weakness in demand both domestically and abroad.
According to Dow Jones, AMIA said domestic sales were 10.2% lower than in the year-ago month at 72,023 units, compared with 80,206 in May 2002. Exports fell 4.0% to 113,162 vehicles from 117,917 a year-ago.
