Mexico Truck Production Plunges 50% In February As US Exports Slow [zero hedge]
Cummins Inc. (CMI)
Last cummins inc. earnings: 4/28 07:30 am
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Source: zero hedge
Mexico Truck Production Plunges 50% In February As US Exports Slow By Noi Mahoney of FreightWaves Mexico’s heavy-vehicle industry posted sharp year-over-year declines in production, exports and sales in February, signaling continued weakness across the country’s truck manufacturing sector. Mexico’s National Institute of Statistics and Geography (INEGI) reported that 6,974 heavy vehicles were produced in February, a 49.1% decline compared to the same month in 2025. Exports also fell, with 7,849 units shipped abroad, a 32% drop year over year. The declines also offer a window into the broader North American freight cycle. Mexico is a key production hub for tractor-trailers used by U.S. fleets moving goods across the U.S.-Mexico border. When freight demand softens or carriers delay fleet upgrades in the U.S., Mexico’s truck factories and export volumes often move in tandem. Domestic demand also weakened significantly. Retail sales totaled 2,303 units in February, down 38.9% from a year e
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