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IPFS News Link • Mexican United States Relations

Mexican-made autos stream across border at record rate in first half of 2019

• https://www.cnbc.com by Phil LeBeau

Mexico's leading auto industry trade group, the Asociacion Mexicana de la Industria Automotriz, released new data this week.   

A record 2.6 million vehicles were imported from Mexico to the U.S. in 2018, making up 15% of the U.S. auto market.

Remember President Donald Trump's threat to slap a tariff on every product the U.S. imports from Mexico? That threat in early June, which the president later dropped, had auto executives worried.

The latest numbers from Mexico shows why so many in the auto industry were so concerned.

Mexican factories sent 1.37 million vehicles north of the border during the first half of this year — making up 16.3% of the U.S. auto market, according to Mexican auto industry trade group, the Asociacion Mexicana de la Industria Automotriz.


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