For the month of January 2024, Mexico exported 254,367 new cars, 6.8 percent higher than previously recorded, with data issued on Wednesday, February 7, by the National Institute of Statistics and Geography (Inegi).

Historically, it is the highest volume that has been recorded for the first month of the year, resulting in a very positive start to the year for the Mexican automotive industry.

Check here: Solili Industrial Report January 2024: Industrial demand starts the year strong with 534 thousand m²

This record is mainly promoted by Nissan, a company that increased its own exports in January of this year by 151.1 percent, followed by BMW, which achieved 144.9 percent, resulting in these two companies being the ones that dominate automotive exports with more than 20 percent.

This event caused Mexican car production to grow, with 307,069 units being assembled in the country last month, 9.6% more compared to the same period of time in 2023.

In both exports, Nissan also managed to be one of the largest national production engines with an annual increase of 25 percent by assembling 56,567 units, while General Motors surpassed with an assembly of 67,335 cars resulting in an annual increase of 19.9 percent.

Of Interest. Aguascalientes reports growth in accumulated industrial demand compared to 2022

Without leaving BMW and Ford behind, they also managed to boost industrial activity in Mexico by January 2024, with production growth of 80.2 and 55.2 percent for the automotive market respectively.

In Solili you can check available warehouses in Santa Catarina, Saltillo & San Luis Potosí. 

Original Note.