Production slowdowns that sent shockwaves through the U.S. economy have yet to ripple through Mexico.
Mexico's output of cars and trucks in February totaled 148,089 units, a 6 percent increase over February 2000, according to the Mexican Automotive Industry Association. For the year to date, production increased 14.4 percent to 306,219 units.
Leading the gainers was the Chrysler PT Cruiser, which a year ago was still in the early production stage. In February, PT Cruiser production totaled 17,164 units. Output of the Nissan Sentra also was up 47.5 percent compared with February 2000.
Declines were notched by the Ford Focus, down 6.7 percent in February and 20.1 percent for the year to date; and the Volkswagen New Beetle, off 18.5 percent in February and 11.6 percent since the start of the year.
Sales remain robust in Mexico, totaling 75,374 units in February for a 16.9 percent increase over February 2000. Since the start of the year, sales are up 20.3 percent.