Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
Mexican auto production plunges 48.1% year-on-year
+ -
15:30, July 14, 2009

 Related News
 Mexico moves towards economic recovery
 Mexican pork export drops 90% due to flu: study
 Comment  Tell A Friend
 Print Format  Save Article
Mexico's vehicle production saw a year-on-year plunge of 48.1 percent in June, due to the economic recession in the United States which buys around 70 percent of the vehicles manufactured here, the Mexican Auto Industry Association (AMIA) said in a Monday statement.

AMIA members General Motors, Ford Motor, Chrysler, Nissan Motor and Volkswagen have been idling plants, reducing shifts and laying off staff because of the decline, according to the statement.

Auto export sales have fallen 42.1 percent, compared to the same period of last year, AMIA said.

Domestic sales is also suffering a 30.7 percent slump, hit by contagion from the United States and by a credit crunch which has bashed demand among consumers, the association reported.


  Your Message:   Most Commented:
Unveiled Rebiya Kadeer: a Uighur Dalai Lama
Veiled threat or good neighbor?
80 pct of netizens agree China should punish Facebook
LA police: Michael Jackson death may have been 'homicide'
DPRK threatens to launch pre-emptive strike against U.S.

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved