Auto Production Up 16% in July to Reach Record 209,534 Units

The Mexican Auto Industry Association, said that this July vehicle production grew 16% and exports grew another 24% to 177,843 units. That was also a record for a month of July, said Mexican Auto Industry Association President, Eduardo Solis. Domestic auto sales, which have been rising at a slower rate than exports, rose by 11% in July to 68,533 vehicles. The auto industry is Mexico's largest single manufacturing sector, and production is frequently an early sign of strength in overall manufacturing.