Thursday, May 2, 2024

Heavy vehicle production soars 40%, breaks record in first quarter

Heavy vehicle production soared 40% during the first quarter, breaking all records, the National Association of Bus, Truck and Tractor Manufacturers (ANPACT) announced.

A total of 36,422 units were produced between January and March last year, but this year the industry delivered 51,058 during the same period.

The previous record for the quarter was in 2015, when production was 50,210 units.

ANPACT executive president Miguel Elizalde told the newspaper El Economista that the increase in output was due to increased demand in the North American market.

Exports were up 34% to 41,940 units.

ANPACT represents 14 major manufacturers of heavy vehicles and engines, including Dina, Freightliner, Kenworth and Volvo.

Source: El Economista (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
City of Tehuacan, Puebla by night.

Did this Puebla city make history with its fireworks ban? Not so fast

3
Tehuacán, Puebla, didn't make history with its city fireworks ban, but the court ruling to uphold the ban did. Find out how.
hazy Mexico City skyline with view of the Independence Angel

CDMX poor air quality alert remains in effect for second day

0
Mexico City residents face driving restrictions and warnings to avoid the outdoors, as air quality was expected to deteriorate throughout Wednesday.
Mexico's scurity minister Rosa Icela Rodriguez speaking at a podium

Federal authorities protest as El Mencho’s brother released from prison

0
Judge Rogelio Díaz Villarreal concluded that authorities lied about Abraham Oseguera's arrest process and ordered him immediately set free.