Mexico's Sept Auto Production -23% On Year To 146,295 Units
October 12 2009 - 1:30PM
Dow Jones News
Mexico's auto production fell 23% in September from the year-ago
month to 146,295 units, the Mexican Auto Industry Association, or
AMIA, said Monday.
AMIA said exports were down 19% from September 2008 to 117,433,
while domestic new-car sales fell 24% from a year ago to 58,505
units.
The size of the year-on-year declines in auto production and
exports continued to ease in a sign that the worst of the recession
has passed.
The auto industry, Mexico's biggest single manufacturing sector,
was hit hard by a slump in demand in the U.S. and Mexico.
-By Paul Kiernan, Dow Jones Newswires; (5255) 5001 5726,
paul.kiernan@dowjones.com