UPDATE 1-Mexico auto production rises 17.5 pct in Nov

(Adds details on exports, production, background)

MEXICO CITY, Dec 13 (BestGrowthStock) – Mexican auto production
rose 17.5 percent in November from a year ago, while exports
were up 24.7 percent, the national auto manufacturer
association said on Monday.

November output totaled 207,560 vehicles, down from 220,708
units in October. Mexico exported 168,227 vehicles in November,
up from the prior month’s 166,931.

Production in November 2009 was 176,655, while November
2009 exports totaled 134,873.

The auto industry has driven Mexico’s economic recovery
from a deep recession, with U.S., European and Asian automakers
all increasing investments and shifting more production into
the country.

Exports account for about two-thirds of Mexican production,
and more than three-fourths of exports head to the United
States. Executives have expressed concern U.S. demand could
flag next year.
(Reporting by Michael O’Boyle; editing by Jeffrey Benkoe)

UPDATE 1-Mexico auto production rises 17.5 pct in Nov