“We are still in a phase of slow recovery - this will give us a better perspective for the start of 2023,” Rosales said. He and other automotive industry officials cautioned that supply chain issues could arise again later this year and in the early part of 2023, disrupting production across the industry.
“The circumstances that have arisen in the Mexican market in recent months indicate that greater availability of inventories is on its way, and we are reporting greater product availability in many brands,” Rosales said Wednesday during a monthly press conference. The increase in production was due to supply chains and parts inventories improving from earlier this year, said Guillermo Rosales, deputy director general of the Mexican Association of Automobile Dealers. remains the main export market at more than 80% of units produced, followed by Canada, Germany, Colombia and Puerto Rico. Total exports of Mexican-made passenger vehicles increased 17% y/y in August to 248,704. Mexico’s production of passenger vehicles registered its highest monthly total of the year with 316,815 units in August, a 31% year-over-year (y/y) increase. Mexico’s auto production rises 31% in August This week: Mexico’s auto production rises 31% in August Mission Produce and NatureSweet enter 3PL partnership Automated bookkeeper for trucking gets backing from Google and CBP makes largest meth seizure in Del Rio port of entry’s history. Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade.
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