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Latam Insights: Mexico—2025 Auto Sector Review
Mexico’s automotive industry faced a deterioration in the outlook for light vehicles during 2025, with significant declines in production and exports, accompanied by a widespread collapse in heavy vehicles. Domestic light-vehicle sales were the only indicator that showed growth during the year (table 1). In December, domestic sales of light vehicles grew 5.0% annually, rebounding from the -0.3% drop in the previous month. With this positive close, domestic sales averaged 1.4% growth throughout 2025, totaling 1,524,638 units (charts 1 and 2). This is the highest level since 2017 (1.534 million units) and approaches ... (full story)