By Stephen Downer, Plastics News Correspondent
Mexico City -- Production of auto parts for the original equipment and after markets in Mexico totaled $60 000 million in 2010, 45 percent up on 2009's $41 300 million, according to the executive president of the country's suppliers association, INA.
But the sector's prospects for 2011 are less rosy "because, according to our figures, light vehicle production in Mexico could drop by 4 percent," Agustín Ríos Matence, warned 18 Jan.
In 2010 Mexico's automotive industry assembled 2 260 776 light vehicles, 50 percent up on the 1 507 527 assembled in 2009, according to the manufacturers association, AMIA (Asociación Mexicana de la Industria Automotriz AC).
"We shall have to wait and see how the economy of the US, which imports most of our components and finished vehicles, behaves," Ríos told journalists in Mexico City.
According to AMIA, Mexico exported 1 277 184 new light vehicles to the US in 2010, 68.7 percent of the total of 1 859 517 light vehicles exported by Mexico last year. The number of vehicles exported to the US represented a 45.3 percent increase on 2009's 878 742.
The national auto parts industry employed 530 000 in 2010, 18 percent more than in 2009, Ríos said.
He was speaking at a luncheon to announce the International Week of the Automotive Industry, comprising a program of conferences and an industry exhibition, each event running for three days.
The Automotive Industry Congress, whose guest of honour is General Motors de México, opens in Mexico City on 4 April and runs through 6 April. ExpoINA opens 6 April and runs through 8 April.
INA stands for Industria Nacional de Autopartes AC.