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UPDATE 1-Mexico auto production, exports fall in February-AMIA

Published 2016-03-07, 11:24 a/m
© Reuters. UPDATE 1-Mexico auto production, exports fall in February-AMIA
VOWG_p
-

(Adds exports to the United States)
MEXICO CITY, March 7 (Reuters) - Mexico's auto production
fell 4.1 percent in February compared with the same month a year
ago, while exports slid 1.2 percent in the same period, the
Mexican Auto Industry Association (AMIA) said on Monday.
Mexico produced 271,278 units during the month, and exported
219,670, AMIA said.
Production at Volkswagen AG VOWG_p.DE slumped 12.2 percent
compared to the same period last year.
The German automaker's exports from Mexico have dropped
every month since September, when the company became embroiled
in a major global scandal over rigged emissions tests of cars
with diesel engines sold in the United States.
Exports to the United States, Mexico's top trading partner,
jumped 5.7 percent to 168,251 units. The United States receives
more than two-thirds of Mexico's car exports. Exports to Latin
America plunged by 28 percent, while exports to Canada were
nearly flat.

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