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LatinNews Daily - 07 January 2021

In brief: Mexico’s car sales continue to recover

* Mexico’s national statistics institute (Inegi) has released new figures which show that 105,135 new cars were sold in the country in December 2020, up from 95,485 in November. The figures also show that December was the month with the highest car sales in 2020, although sales still failed to reach December 2019 levels, when 130,460 new cars were sold. In total, 949,353 new cars were sold in 2020, down 28% on 2019 - indicative of the economic impact of the coronavirus (Covid-19) pandemic. This total figure for car sales in 2020 is the lowest since 2011, when 905,983 cars were sold.

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