Mexico Auto Exports Dip On U.S. Sales; Production Hit By Floods

www.oann.com | 11/9/2017 | Staff
MEXICO CITY (Reuters) – Mexican automobile exports, excluding those made by Nissan, fell 5.5 percent in July year-on-year on weaker U.S. sales, while output for the month fell 3.7 percent, partially due to flooding at a Honda plant, auto industry association AMIA said on Monday.

Mexico exported 214,984 units in July, down from 227,444 the same month a year earlier, AMIA said, while producing 291,577 units, a fall from 302,716 in July a year before.

AMIA - Export - Data - Carmaker - Nissan

AMIA’s export data did not include Japanese carmaker Nissan Motor Co Ltd , which has stopped providing export figures.

“The trend in the United States is a flattening in sales,” AMIA’s director Fausto Cuevas told reporters on Tuesday, without providing details.

Honda - Motor - Co - Facility - Mexico

Flooding at a Honda Motor Co facility in Mexico weakened overall production data, Cuevas added, without specifying which plant was affected. Local media reported in early July that a river had spilled into Honda’s plant in the state...
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