Mexico's Auto Output Jumped 14% in June MarketWatch
go to original July 10, 2012

MEXICO CITY - Mexico's auto production in June rose 14% compared to that of June 2011, to a record 268,388 vehicles, as exports continued to soar, the Mexican Automobile Industry Association, or Amia, said Tuesday.

Auto exports jumped 22% in June versus the year-ago month to 229,089 cars and light trucks.

Eduardo Solis, head of Amia, said June's production and export figures were both records for the month of June in any year.

Domestic auto sales last month rose 15% to 75,508 vehicles, Amia said. The local sales numbers were similar to about nine years ago due to a flood of cheap imports from the U.S., the association said.

Accumulated production for the first six months of the year grew 13% compared to the same period last year, to a record 1.42 million vehicles, and exports rose by 15% to 1.17 million, Amia said.

Domestic auto sales in the first six months of the year rose by 12% to 462,239 units

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