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MEXICO ‘S AUTOMOTIVE INDUSTRY OVERVIEW, 2009. In 2009, in the difficult circumstances with global economic downturn, in Mexico,. the domestic automotive sales fell by 26.4% compared to that of 2008, reaching as low as the level of 1999.
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MEXICO ‘S AUTOMOTIVE INDUSTRY OVERVIEW, 2009 In 2009, in the difficult circumstances with global economic downturn, in Mexico, • the domestic automotive sales fell by 26.4% compared to that of 2008, reaching as low as the level of 1999. • the production fell by 28.3% to 1.5 million units from 2.1 million units in 2008. • the exports fell by 26.4%. • the principal export destination continued to be the United States, with 70.8% of the total exports. • automotive production by Japanese manufactures fell by 19.0%, with much better performance than that of other foreign manufactures. • sales of Japanese automobiles fell by 24.4%. 1
MEXICO TOTAL VEHICLE SALES, EXPORTS AND PRODUCTION 2007, 2008 and 2009 Source: Mexican Automotive Industry Association (AMIA) * Automobiles and light trucks Mexico’s Secretary of Economy Representative Office in Japan Embassy of Mexico Tel: 03-3506-6681 www.mexicotradeandinvestment.com comunicatokio@economia.gob.mx
Production of Japanese Car Companies Manufacturing in Mexico In 2009, Japanese car companies were responsible for 30% of Mexico’s total automobile production. Source: AMIA * Automobiles and light trucks
Exports of Japanese Car Companies Established in Mexico In 2009, Japanese car companiesmanufacturing in Mexico accounted for 25% of the country's automobile exports. Source: AMIA * Automobiles and light trucks
Exports of Japanese Car Companies Established in Mexico by Destined Marketin 2009 Source: AMIA
Retail Sales of Japanese Car Companies in Mexico In 2009, Japanese automobile brands increased their share to 38% in the Mexican car market. Source: AMIA * Automobiles and light trucks ** New entrants in Mexico as a result of the EPA quota system
Import Quota for Japanese Car Manufacturers(General Tariff will be eliminated in April 2011) (Unit: vehicles) * EPA quotas are given for units equivalent to 5% of the total sales in the previous year** Mitsubishi uses quotas allocated to DaimlerSource: Mexico’s Secretary of Economy