Car sales in Mexico declined by 25.5pc to 87,517 units in March because demand was cleaved by the COVID-19 crisis.
In March 2019, the country’s car sales reached 117,513 units, according to figures released by the National Statistics Agency (Inegi), which added that last month’s sales volume was a six-year low.
Through the first three months of 2020, car sales in Mexico have totaled 296,677 units, which decreased by 10.9pc compared to the same period in 2019, according to figures from the domestic automotive association.
On March 24, eight carmakers suspended operations at their Mexican plants to protect employees from the COVID-19 pandemic and because demand has fallen.
Mexico’s automotive production and exports declined on an annual basis in 2019 because of lower demand from some North and Latin American countries. Production decreased by 4.1pc to 3.7mn units, while exports dropped by 3.4pc to 3.3mn vehicles, Inegi said.