GM Lags Ford in Mexican Auto Export Performance — Panjiva


GM Lags Ford in Mexican Auto Export Performance

Cons. Discr. - Autos 692 Mexico 535 U.S. 3436

Mexican automotive exports had a robust year in 2018 with a 6.0% year over year growth to reach 3.45 million vehicles. Yet, the year ended on a weaker note with shipments rising by just 1.8% in the fourth quarter. General Motors saw the worst performance with a 13.7% drop while most other manufacturers saw an improvement. With regulatory risks settled – including the U.S.-Mexico-Canada Agreement and the section 232 review, to which Mexico is exempted – exposure to slowing U.S. auto sales may be key factor for success or otherwise in 2019. Ford is most exposed with 90.2% of its $4.77 bill...

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