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Mexico Car Sales, Production Rise in October

Mexico Car Sales, Production Rise in October

Japanese auto makers outpaced their U.S. rivals in sales and ouput in the month.

Mexico vehicle production in October rose 12.0% to 251,246 units, buoyed by a 15.8% gain in domestic production and a 10.9% uptick in export output.

Detroit Three production rose 4.4% to 119,808 units. Chrysler Mexico’s was up 29.5%, while Ford Mexico was up 2.5%. General Motors Mexico builds slipped 7.4% to 43,391.

Related document: Ward’s Mexico Production by Vehicle line

All Japanese auto makers posted higher build rates in the month. Honda Mexico was up 14.0% over year-ago to 5,258 units, while Toyota Mexico was up 12.7%. Volume-leader Nissan Mexico led the pack with a 20.9% production surge.

Mexico’s new-car sales in October jumped 12.6% from year-ago to 49,200 units, while light trucks fell 3.8% to 26,435. Total light-vehicle deliveries were up 6.2%.

Related document: Ward’s Mexico Car and Light Truck Sales by Line and Brand

Detroit auto makers recorded 13,652 new-car sales in the month, for a combined 0.4% decline from like-2010. GM and Chrysler saw increases of 2.5% and 6.7%, respectively, while Ford deliveries fell 21.6%.

Asian auto makers combined for a 27.0% hike in new-car deliveries to 20,627 units. Suzuki Mexico led on a percentage basis, up 66.7%. Volume brands such as Toyota and Honda saw shortfalls of 3.2% and 14.1%, respectively, while Nissan deliveries climbed 36.8% to 14,831.

Standout nameplates included the Ford Focus, up 38.3%; Honda Civic, up 103.5%; Suzuki SX4, up 87.6%; and Renault Scala, up 69.3%.

In the light-truck category the Detroit Three all posted declines, with total deliveries falling 15.0% year-over-year to 10,044. GM took the biggest hit with a 29.4% drop, followed by Chrysler, down 12.2%, and Ford, down 9.8%.

Asian makers outperformed their U.S.-based counterparts in October. Honda’s light-truck sales grew 80.1% to 3,015 units, while Mazda Mexico posted a 37.9% gain to 931.

Models with impressive sales for the month included the Ford Explorer, up 143.1%, Honda Odyssey, up 367.3%, and Mazda CX-7, up 68.3%.

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