Mexican Auto Exports Slump in September as US Tariffs Take Toll

AI Summary

Mexico’s auto exports recorded their steepest decline of the year in September, according to INEGI data. Analysts attributed the drop to US tariffs, which are affecting demand in Mexico’s largest export market.

Mexico's auto exports posted their biggest slump so far this year, data from statistics office INEGI showed on Wednesday, a decline analysts attributed to tariff policies from the US, the biggest market for the Latin American country's top industrial sector.