Mexico’s auto exports down 6% this year

hace 1 día 4

The United States’ caller tariff connected overseas cars is having an interaction connected the Mexican automotive industry, authoritative information indicates.

The nationalist statistic bureau INEGI reported connected Monday that Mexico’s exports of airy vehicles declined 2.9% successful yearly presumption successful May, the period aft the Trump medication imposed a tariff connected each overseas cars. Domestic accumulation of cars fell 2% past month, INEGI said.

Mexico exported 1.33 cardinal airy vehicles betwixt January and May, the worst yearly diminution for exports successful a five-month play since 2020.

United States contented successful vehicles made successful Mexico is exempt from the 25% tariff the U.S. authorities imposed connected overseas cars successful aboriginal April, reducing the work connected Mexican cars to an mean of 15%, according to Economy Minister Marcelo Ebrard.

Nevertheless, the work is detrimental to a Mexican automotive manufacture that had grown accustomed to tariff-free commercialized successful North America acknowledgment to the USMCA and NAFTA. Around 80% of the vehicles Mexico exports spell to the United States.

INEGI reported that Mexico exported a full of 301,112 airy vehicles past month, portion 358,209 vehicles were assembled successful the country.

The 2.9% diminution successful exports and 2% driblet successful accumulation came aft adjacent larger decreases successful April. INEGI reported past period that Mexico’s car exports fell 10.9% annually successful April, portion accumulation declined 9.1%.

Compared to April, car exports and accumulation accrued successful May.

The Mexican Automotive Industry Association noted that past period was successful information the 2nd champion May connected grounds for car accumulation aft May of 2024, and the 3rd champion May connected grounds for exports.

Auto accumulation and exports fell successful the archetypal 5 months of 2025 

INEGI besides reported that Mexico’s airy conveyance exports declined 6.3% annually betwixt January and May to 1.33 cardinal units betwixt January and May. It was the worst yearly diminution for exports successful a five-month play since 2020, erstwhile the COVID pandemic and associated restrictions were roiling economies astir the world.

In comparison, exports accrued 12.1% successful the archetypal 5 months of 2024.

Production of airy vehicles successful Mexico besides declined successful the archetypal 5 months of the year, though the year-over-year driblet successful output was lone 0.5%. The full accumulation of 1.64 cardinal units represented the archetypal yearly diminution since the archetypal 5 months of 2020.

Julio Galván, caput of economical studies astatine the National Auto Parts Industry commercialized association, said that anemic request for caller cars successful the United States is simply a contributing origin to the declines successful car exports and accumulation truthful acold this year.

Not each automakers are exporting less cars from Mexico

INEGI’s information shows that Volkswagen, Mazda, Mercedes Benz, Stellantis, BMW, Nissan, Audi and General Motors each exported less cars from Mexico successful the archetypal 5 months of 2025 than successful the aforesaid play of past year. Among those automakers, Volkswagen saw the biggest diminution successful export volumes, shipping 37.6% less cars retired of Mexico compared to the January-May play of 2024.

Meanwhile, Toyota accrued its exports from Mexico by 72% successful the play and KIA sent 14% much vehicles retired of the country. Ford and Honda besides accrued their exports successful the archetypal 5 months of the year.

Kia Mexico to grow Nuevo León operations

Volkswagen and Stellantis recorded the largest declines successful accumulation successful Mexico betwixt January and May, with each automaker seeing their output autumn by implicit 20%. In contrast, Toyota’s accumulation accrued 63.4% annually successful the archetypal 5 months of the year, INEGI reported.

Sales of caller cars successful Mexico accrued betwixt January and May

INEGI besides reported that 593,282 caller airy vehicles were sold successful Mexico successful the archetypal 5 months of the year, an summation of 0.95% compared to the aforesaid play of 2024. The fig includes vehicles made successful Mexico and imported.

The apical selling brands successful Mexico betwixt January and May were:

  • Nissan: 107,130 units oregon 18% of the market.
  • General Motors: 79,865 units oregon 13.5% of the market.
  • Volkswagen: 54,122 units oregon 9.1% of the market.
  • Toyota: 50,098 units oregon 8.4% of the market.
  • KIA: 43,532 units oregon 7.3% of the market.

Of those 5 automakers, General Motors was the lone 1 to grounds a year-over-year diminution successful income successful Mexico.

Among the different automakers who saw their income successful Mexico summation successful the archetypal 5 months of the twelvemonth were Hyundai, BMW, Mazda, Mitsubishi, Great Wall Motor and JAC.

With reports from El Economista and El Financiero

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