Heavy vehicle production and exports increased in July

Mexico City. Heavy transport production in July was 21,517 units, a figure that showed an increase of 20.94 percent compared to the same period last year, the National Institute of Statistics and Geography (INEGI) reported on Friday.

According to the Administrative Registry of the Heavy Vehicle Automotive Industry for the seventh month of 2024, exports of this industry that seeks to develop a plan to replace transport units in accordance with the objectives of the government of virtual president Claudia Sheinbaum, stood at 16,266 units, data that showed an advance of 16.05 percent compared to the same period in 2023.

Between January and July of this year, heavy vehicle production was 123,467 units, a figure that translated into an annual decline of 5.98 percent.

In the first seven months of the year, manufacturers based in Mexico exported 95,147 vehicles, a figure that showed a contraction of 9.67 percent compared to the same period in 2023.

In the seventh month of the year, the industry sold 5,058 units at retail, which translated into an increase of 16.71 percent.

Between January and July, 31,720 heavy vehicles were sold in the domestic market, a level that represented an increase of 9.18 percent compared to the same period in 2023.

The wholesale sale of this type of vehicle was 5,058 units in the seventh month of 2024, a figure that showed an annual increase of 19.72 percent.

While in the cumulative period from January to July, wholesale sales of heavy vehicles amounted to 33,238 units, which meant an increase of 7.97 percent.

Rogelio Arzate, executive president of the National Association of Bus, Truck and Tractor Producers (ANPACT) commented in a conference that the industry sees a “high willingness” on the part of the virtual president Sheibaum Pardo, which is why they are seeking “to have an open, very productive dialogue with the authorities.”

“From the perspective of the plans of the new administration with Dr. Sheinbaum, if we see that she is very aware of the issue of scrapping, she is very aware of the issue of improving the environment, the issue of security, then we see it as positive and we believe that there is a lot of willingness to work on it,” he said.

However, he warned that in the first seven months of 2024, the import of used heavy vehicles from the United States has increased, which is contrary to the policy that the new federal administration seeks to promote.