By CRM Staff
Toronto, Ontario — January 30, 2019 — General Motors is now Mexico’s largest automaker in terms of vehicle output.
With more than 830,000 vehicles manufactured in Mexico alone last year, GM surpassed Nissan, which slid by 10 percent in 2018, as the country’s top vehicle provider, according to data collected from Automotive News.
North American automotive production continues to grow in Mexico, as manufacturers look to take advantage of low wages. In 2018 U.S. vehicle production slid by three percent, while Canada saw an 8.8 percent decline.
In response to the news, GM stated that the company hasn’t increased output capacity in Mexico for a decade and as of now has no plans to do so.
One factor that has contributed to a difference in volume between countries has been the preference buyers have had towards trucks and SUV’s that GM builds in Mexico, as opposed to cars made in Canada and the U.S.
