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Latin Times
Latin Times
Business
The Latin Times Staff

Mexico's Heavy-Vehicle Industry Reports Production and Exports Records for 2023

Mexico
Trucks made in Mexico (Credit: Courtesy)

In 2023, Mexico's heavy vehicle production reached historic figures, reflecting the manufacturing momentum in the country. This surge was driven by a reactivation of exports and local consumption, as well as the nearshoring phenomenon, according to the top industry group in the sector.

Last year, the country produced 222,541 trucks and buses, 177,541 of which were destined for the export market.

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