May Results on Light Vehicle Production and ExportsBy Alejandro Enríquez | Mon, 06/08/2020 - 14:21
AMIA, ANPACT, AMDA and INA, representatives of the light vehicle, heavy vehicle, dealerships and auto parts sectors, held their monthly press conference on the state of the industry.
AMIA: Light Vehicle Production and Exports
Fausto Cuevas, Director General of AMIA, presented the figures on light vehicle production and exports. Accumulative exports between January and May faced a 42.4 percent contraction compared to 2019, with 604,097 less units exported. In annual variation, exports fell 95.1 percent compared to May 2019.
North America concentrated most exports during May 2020, with 98.4 percent of the total exports. During the first five months of the year, North America concentrated 86.4 percent of exports followed by Europe with 5.5 percent and Latin American with 5.4 percent. "These figures represent the situation the different markets are facing worldwide," said Cuevas.
During mid-May the federal government announced transport equipment manufacturing will be considered an essential activity and companies should resume production after their health protocols are approved by IMSS. "Now, all AMIA members have received approval by IMSS on their health protocols. Automakers in Puebla, however, have agreed with local authorities to resume operations after June 15," mentioned Cuevas.
Figures on production correspond to these circumstances. Light vehicle production presented a negative 93.7 percent annual variation in May, lower than the 98.8 percent drop seen in April. Accumulated production in the January-May period fell only 43.2 percent. Nine out of the 12 vehicle manufacturers in the country reported production numbers, only Audi, Volkswagen and JAC remain at zero.
ANPACT: Heavy Vehicle Sales and Imports
Miguel Elizalde, Executive President of ANPACT, reported the figures for the heavy vehicle segment in the country. The accumulated figures over the first five months of the year show wholesales dropped 38.5 percent, while retail sales fell 47.6 percent. Wholesales during May 2020 were 85.5 percent less than in May 2019.
"These circumstances are worse than those seen in the 2009 crisis," said Elizalde. He also mentioned the relevance on preventing more imports of used heavy vehicles which "represent a threat given their poor conditions." According to ANPACT, imported used heavy vehicles are mainly used for cargo and passenger transportation. While the latter segment remains at regular levels, the former saw a substantial increase at the beginning of the year.
In addition, Elizalde highlighted the role of all transportation-related employees amid COVID-19: "In a context with a high number of truck-robbery, technological advances, an average 18-year-old vehicle park, high-impact to SMEs and, of course, the pandemic, the transportation sector is still at the front line. This sector is key to build the new normal we need. We need to support our heroes," he said.
INA and AMDA: Auto Parts and Sales
On its behalf, Oscar Albin, president of INA, adjusted the association’s forecast for the yearly production value of this segment to US$66.56 billion at the end of 2020, a 32 percent drop compared to 2019 levels of US$97.83 billion in production value. As for vehicle sales, Guillermo Rosales, Director General of AMDA, reported the sales results for light vehicles in the country during May, which dropped 60 percent compared to May 2019.
You can see the full article on light vehicle sales here.