Mexican auto exports jump in August, output up slightly -AMIA
(Adds figures and industry details throughout.)
MEXICO CITY, Sept 10 (Reuters) - Mexican auto exports,
excluding those from carmaker Nissan Motor Co Ltd,
jumped in August, while auto production ticked up slightly, the
country's automotive industry association AMIA said on Monday.
Mexico produced 369,543 autos in August, an increase of 0.4
percent compared with the same month last year, AMIA said.
In total, 2,617,330 autos were produced in Latin America's
No. 2 economy in the first eight months of the year, a rise of
just 0.1 percent from the same period of 2017, the data showed.
Nissan stopped disclosing its export figures in Mexico
earlier this year. Excluding the Japanese automaker, exports
rose in August by 15.4 percent year-on-year to 281,805.
Domestic auto sales fell by 5.3 percent on the year to
118,715 during August, the figures showed. In the January-August
period, auto sales were down by 7.8 percent to 913,726.
Guillermo Rosales, deputy director general of the Mexican
Association of Automobile Distributors (AMDA), told a news
conference that a loss of purchasing power and higher interest
rates were putting downward pressure on domestic auto sales.
(Reporting by Sharay Angulo
Editing by Dave Graham and Matthew Lewis)
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