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Mexican automotive exports break record

Mexico's automobile exports totaled US$15.3 billion in August. According to "Inegi", this was an increase of 42.5% year-on-year and a record for this year.

The National Institute of Statistics and Geography (Inegi) is a Mexican governmental institution for economic and geographic data collection or development in the field of informatics.

Accounting for 30.1% of Mexico's total international sales, automobile exports have steadily improved following the COVID-19 pandemic and, more recently, the global shortage of semiconductor chips.

The annual growth of automobile sales in August was the highest in the last fifteen . . .

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