NAFTA Vehicle Production Analysis - Production in Mexico – 2/6
- Production (PC + LUV) in Mexico increased from 1.6 to 3.5 million units in 10 years, with an average growth of over 11% per year. In 2015, car production in the country increased by 7% compared to 2014.
- In 2015, US-controlled companies (GM and Ford without Chrysler) remained the largest producers in Mexico, with 32% of the total production in the country (against 36% in 2005). Followed by carmakers under French control (Renault-Nissan) with 22% in 2015 (against 22% in 2005), Italian (FCA) with 15% in 2015 (0% in 2005), Japanese (Toyota, Honda and Mazda) with 14 % in 2015 (3% in 2005) and German (VW) with 13% in 2015 (against 39% in 2005 when Chrysler then under the control of Daimler).
- By volume, US-controlled companies produced 1.1 million vehicles (against 600 000 in 2005). Companies under French control produced 800 000 in 2015 (360 000 in 2005), Italian 550 000 in 2015 (0 in 2005), the Japanese 500 000 (50 000 in 2005) and German 460 000 (650 000 in 2005).
- In a country whose global production is increasing since 2005 (outside of periods of crisis), the share of US carmakers is less important in 2015 than it was in 2005. Indeed, US companies have seen their influence decrease, mainly due to the growth of Japanese carmakers.
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