MEXICO CITY — Mexican truck and bus output fell sharply at the end of last year due in large part to doubts over the future of a new diesel rule that would require that only vehicles using cleaner-burning fuel are made and sold, according to a local trade group. The assembly of trucks and buses fell nearly 38% in December, data from trade association Anpact showed, in line with falling production of heavy vehicles since August. Despite the decline in December, 2019 was a record year for production, up 12% from 2018, according to Anpact, whose members include Navistar International Corp and Volkswagen. The trade group attributed the production decline to companies' hesitation to update their fleets amid uncertainty about a rule that would mandate the use of clean diesel starting in 2021.

Source: International New York Times February 20, 2020 02:37 UTC