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.

Mexico’s week in review: A governor takes a U-turn, CJNG loses more ground and business booms

0
President Sheinbaum used the week to highlight security wins, a strong economy and reforms to modernize Mexico, even as members of her Morena party generated damaging headlines.
MND CEO Travis Bembenek with interns Zella and Jared Tucker

What I learned from our two summer interns: A perspective from our CEO

7
Travis Bembenek reflects on mentoring two summer interns — and what their relationship with AI, reading and writing reveals about the next generation of journalists.
tiger

Tamaulipas fuel-theft bust uncovers ranch hiding 135 exotic animals, from tigers to spider monkeys

0
Besides the illegally captured animals, the huge haul of the bust — including tanks, vehicles, tools, weapons and storage facilities — speaks to the size and complexity of Mexico's fuel-smuggling operations.
BETA Version - Powered by Perplexity