It looks as if Mexico's auto retailers are going to hit sales of a million units this year - a first for that market.
According to an analysis by the Automotive News Data Center, light-vehicle sales will be between 1,019,000 and 1,037,000 units if the sales trend for the year holds true.
Mexico has been sizzling all year. And October was no exception.
October sales rose 12.0 percent from the previous October, to 91,292 units. That brought the January-through-October total to 849,721 - a 17.9 percent increase over the year-ago period.
General Motors lengthened its lead in its annual race with Nissan for sales dominance in Mexico. GM's October sales were up 23.2 percent from the year-ago period, while Nissan's were up 4.4 percent. GM sold 20,789 vehicles during the month, compared with Nissan's 18,857.
For the first 10 months, GM sales were up 19.1 percent over the same period of last year. Nissan sales rose 14.3 percent.
Ford Motor Co.'s October sales were up 3.3 percent over the previous October, and DaimlerChrysler's sales increased 17.8 percent. For the 10-month period, Ford Motor sales were up 14.7 percent and DaimlerChrysler's rose 19.4 percent.
Production took a dip in October, dropping 0.9 percent from the October 2003 figure to 148,056 units. For the first 10 months, Mexico's production was down 2.8 percent from the same period of last year.
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