Car Sales Have Increased!By Alejandro Enríquez | Fri, 03/06/2020 - 13:24
After more than 31 months of continuous decrease, new car sales have increased to a moderate 0.32 in February, compared to February 2019. Meanwhile, Mexico represents 36.2 percent of US’ auto part and vehicles imports.
At the global stage, Volkswagen and GM have announced plans to pass over Tesla and win the electrification race. Volkswagen plans to produce 26 million emission-free vehicles within the next 9 years while GM will invest US$20 million by 2025.
On March the 9th, #UnDíaSinNosotras (A day without women) campaign aiming to stop violence against women by not getting involved in all economic activity. Audi and Volkswagen announced they will cease production on that day so their female workers can participate in the campaign.
- BMW Concept i4: an electric vehicle to start production in 2021
- Jeep Grand Cherokee SRT 2020: a remastered sports SUV
- Volkswagen Cross Sport: Teramont’s coupe
The Industry in Figures
- Car sales registers its first positive growth in a year. In February 2020 104,328 new units were sold, representing 0.32 percent more than in February 2019.
- Mexico takes over Canada in US automotive market. Mexico’s represents 36.2 percent of US’ imports compared to Canada’s 15.8 percent.
- Manufacturing sector reduces formal employment by 1.4 percent in 2019. This is the sector that generates the most jobs in the countries.
- Audi and Volkswagen will stop their entire production lines in Puebla and Guanajuato so that female workers can join #UnDíaSinNosotras (A day without women) campaign.
- Mexico’s federal Attorney’s Office of Consumer, warned 44 Tesla users of 2016 Model X about a drivetrain issue. The company called all the vehicles for service.
OEMs’ Global Footprint
- VW chief defies sceptics with ambitious plans to overtake Tesla. The group has launched an ambitious plan to produce 26 million emission-free vehicles in the next nine years.
- GM takes aim at Tesla with ‘Ultium’ batteries and fleet of electric vehicles. GM’s CEO, Mary Barra, said the company will invest US$20 billion by 2025 in electric and autonomous vehicles
- GM’s autonomous vehicle, Cruise, experienced a rapid improvement rate in 2019
- DS automobiles affirms to have a secured future in PSA-FCA merger.