MEXICO CITY — Mexican auto production fell 13.15 percent year-on-year in August to 293,463 units, in the third full month the since the car industry restarted after a coronavirus-induced lockdown, data from the national statistics agency showed on Friday.
Meanwhile, auto exports dropped 8.59 percent to 257,610 units. Output and exports were down by about a third from 2019 during the first eight months of this year, the figures show.
Measures to curb the spread of the coronavirus pandemic previously brought activity in the sector to a near-standstill.
The Mexican auto industry accounts for close to 4 percent of gross domestic product and generates nearly 1 million direct jobs, according to the country’s main industry association.