December car production falls 16.51% at an annual rate, according to Inegi

December car production falls 16.51% at an annual rate, according to Inegi

The automotive industry in Mexico had a difficult year due to the international shortage of semiconductors. Therefore, production plummeted 16.51% in December 2021, compared to December 2020.

In the annual accumulated, the production of cars in Mexico in 2021 was 60,902 units below that reached in 2020.

However, 2021 car production is still well below that of 2019, the year before the COVID-19 emergency, when they occurred. 3,811,068 units. Which is equivalent to a decrease of 21.8%.

Among the car brands with the most falls in their production are General Motors, Mercedes Benz and Mazda, falling 28.9, 12.9 and 8.3%, respectively, compared to 2020.

In contrast, Ford managed to increase its production 60.4% in 2021, compared to the previous year. Other automakers such as Toyota or BMW also saw an increase in their annual production, of the order of 31.3 and 23.4%, respectively.

Exports fall 17.31% in December

The export of light vehicles reached 227,465 units in December 2021; that is, 47,616 units less than in the same month of 2020. This represents a drop of 17.31%.

But if the January-December period is compared, in 2021 there was an increase in exports of 0.94%, compared to 2020. General Motors was the carmaker that reduced its exports the most in 2021, selling 22.1% fewer units than in the previous year.