The month of April' 24 witnessed a 21.7 per cent increase in vehicle production in Mexico compared to last year's period, reaching a record high of 358,575 units. According to data from the National System of Statistical and Geographical Information (INEGI), eight assembly companies ramped up their production, while five saw a decline.
INEGI is an autonomous public institution responsible for regulating and coordinating the National System of Statistical and Geographical Information. Its mandate encompasses collecting and distributing data pertaining to Mexico's territory, resources, population, and economy. By providing comprehensive insights into the nation's characteristics, INEGI facilitates informed decision-making processes.
Mexico has become a significant force in the automotive manufacturing sector, attracting considerable investments from global automakers. The industry's push for aluminium-heavy designs, spurred by aims for fuel efficiency and lightweight construction, is fuelling the expansion of the aluminium market.
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