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UPDATE 1-Mexico auto production, exports rise in January - AMIA

Published 2016-02-08, 02:39 p/m
© Reuters.  UPDATE 1-Mexico auto production, exports rise in January - AMIA
VOWG_p
-

(Adds details of exports, Volkswagen data)
MEXICO CITY, Feb 8 (Reuters) - Auto production in Mexico
rose 0.4 percent in January 2016 compared with the same month
last year, while exports were up 4.1 percent, the Mexican Auto
Industry Association (AMIA) said on Monday.
Mexico produced 267,498 vehicles during the month and
exported 213,244, AMIA said, reaching record levels for a month
of January.
Shipments to the United States jumped 14.3 percent over
January last year, while sales to Latin America and Canada fell
sharply. The United States received 77.4 percent of all Mexican
auto exports for the month.
The data also showed Volkswagen AG's VOWG_p.DE production
and exports both fell more than 40 percent.
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.

A Volkswagen spokesman in Mexico had no immediate comment.
In 2015, Volkswagen's production in Mexico slumped 3.71
percent and its exports dropped 1.18 percent.

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