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Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows
s. Imports come from a wide range of sources, but the top seller is the compact car Virtus, which began being imported from India in 2022 and has rapidly increased in volume. Also imported from India is the C-class SUV Taigun, which shares a platform with the Virtus, the Brazilian-made small pickup Saveiro, and SEAT brand vehicles from the Spanish subsidiary. By country, Indian-made vehicles account for nearly 40% of imports. Among the major mode...
Market & Tech Reports Updated at: 2025/04/30
Mexico: Chinese vehicles account for 30% of imports and 20% of sales
act or smaller, account for 66.2% of sales, and the company offers a wide range of models, including SEAT brand vehicles from its Spanish subsidiary (SEAT S.A.). The top seller is the Mexican-made Taos, followed by the compact car Virtus, which its Indian subsidiary began exporting in 2022, and the Saveiro, a small pickup made in Brazil. The compact SUV "Taigun" is also an Indian-made vehicle that shares the platform with the Virtus. Vehicles pro...
Market & Tech Reports Updated at: 2024/06/14
Mexico: Investment plans for near-shoring and EV shift
from second place the previous year. Imported VW models account for 73% of the models sold, of which vehicles produced in Brazil and India account for 63% of all imported vehicles. The Vento, a subcompact imported from India, is the best-selling vehicle (14,000 units sold in 2022), followed by the Saveiro, a small pickup made in Brazil. In line with the Group's plan to convert its North American model lineup to EVs, two plants in Mexico that ...
Market & Tech Reports Updated at: 2023/04/24
The USMCA and the Mexican Automotive Industry
s from the previous year, it took over the second place in sales from GM, which suffered a significant volume decline. The Vento, a subcompact car imported from India, is its best-selling vehicle (29,000 units in 2021), and with the addition of vehicles made by its Brazilian subsidiary (such as the Saveiro, a small pickup) and Spanish subsidiary SEAT (such as the Ibiza subcompact car), imports account for about three quarters of total sales. M...
Market & Tech Reports Updated at: 2022/04/01
European OEMs’ performance and 2016 targets
: VW Annual Reports, press releases issued on January 8/April 15, 2016 (Note) 1. “Other brands” includes Bentley, Lamborghini, Bugatti, and Porsche (Porsche has been included since August 2012). MAN was included in the table above since November 9, 2011. 2. VW changed the classification of the Saveiro, which has been on sale in South America, from a commercial vehicle to a passenger car in 2014. The table above reflects this change from 2013...
Market & Tech Reports Updated at: 2016/06/10
Brazil sales to drop 21% in 2015 due to weak economy
ual production capacity from 800,000 to 950,000 units. VW increases annual production capacities of two plants In August 2014, VW disclosed that it completed an investment of BRL 300 million in equipment at its Anchieta plant in Sao Paulo state. As a result, the plant's capacity to produce the Saveiro increased by 50%. The Saveiro is a pickup truck for the Latin American countries based on the platform of the Gol compact car. In the first ...
Market & Tech Reports Updated at: 2015/09/09
European OEMs' business performance report: Sales growth continues
228 189 268 327 407 449 447 Sources: VW Annual Reports (Notes) 1. "Other brands" are Bentley, Lamborghini, Bugatti and Porsche. 2. Includes MAN's value effective November 9, 2011. 3. Includes Porsche's value since August 2012 in "Other Brands". 4. VW changed the classification of the Saveiro, from commercial vehicle to passenger car. The Saveiro has been sold in South America since 2014. The above table reflects this change since 2...
Market & Tech Reports Updated at: 2015/03/25
VW expects to sell 10 million units in 2014, compete for global sales lead
,271 1,545 1,814 17.4% Others 228 189 268 327 407 449 223 213 (4.5%) Source: VW Annual Reports & Financial Reports (Note) 1. "Other brands" are Bentley, Lamborghini, Bugatti and Porsche (from August 2012). MAN's value is counted from November 2011. 2. VW changed the classification of the Saveiro, from commercial vehicle to passenger car. The Saveiro has been sold in South America since 2014. The above table reflects only the data for J...
Market & Tech Reports Updated at: 2014/09/01