The sale of light vehicles in Mexico advanced 7.9 percent per month during February 2023. The figure that was published this Thursday was very close to the pre-pandemic level, reported the National Institute of Statistics and Geography (Inegi).
According to the Administrative Registry of the Automotive Industry of Light Vehicles (RAIAVL), in the second month of this year, 101 thousand 911 automobilesa figure higher than seven thousand 497 compared to the previous monthwhen they were sold 94 thousand 414 units.
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Domestic car trade in Mexico during the past month was very close to reaching the sales volumes registered in February 2020, before the start of the Covid-19 pandemic.
If compared to the sale of that year, the current level was found to be 2.3 percent below. In the second month of 2020, 104,338 cars were sold.
Increase investment in Mexico
The announcement made by the manufacturer of electric vehicles Tesla on the installation in Nuevo León of a new assembly plant is “very good news” for Mexicosaid the executive president of the Mexican Association of Automobile Dealers (AMDA), Guillermo Rosales.
“The favorable effects in the generation of employment, consolidation and development of suppliers; as well as the level of confidence that it provides for the decision-making of other players in the automotive industry to invest in Mexico are some of the benefits that this project will bring,” said Guillermo Rosales through a press release.
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He added that Mexico is facing a very important possibility that derives from at least three factors, such as compliance with the new T-MEC rules of origin, the relocation of foreign production chains for some supplies for automotive assembly. new ones in North America and the impact of the incentives that the United States will offer to the acquisition of electric vehicles.
