Mexico - Automotive Production volume, 2023

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Flash report, Automotive Production volume, 2023

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

Flash report, December 2023

Jan 11, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexico auto production down 9.9 % in December, up 14.2% for full-year 2023
OEMs built 215,923 light vehicles in Mexico in December 2023, a 9.9% decrease from the same month in 2022, according to the National Institute of Statistics and Geography (INEGI) on January 10, 2024.
OEMs with production increases in December include Mercedes-Benz with a 75.3% increase to 4,589 units; Honda with a 73.9% increase to 11,155 units; Ford with a 21.3% increase to 27,398 units; BMW with a 14.9% increase to 5,984 units; Nissan with a 6.0% increase to 35,791 units, Mazda with a 5.7% increase to 13,996 units, and Kia with a 2.4% increase to 16,900 units.
OEMs which declined in December compared to the previous year included Toyota with a 89.7% decrease to 1,576 units; Audi with a 45.0% decrease to 7,750 units; VW with a 35.0% decrease to 14,824 units; General Motors with a 20.2% decrease to 42,310 units; JAC with a 11.3% decrease to 2,097 units; and Chrysler with a 0.1% decrease to 31,553 units.
The 3,779,234 total units produced in full-year 2023 were up 14.2% from 2022.
OEMs with production increases for all of 2023 include BMW with a 85.1% increase to 117,462 units; Nissan with a 57.5% increase to 615,751 units; Mazda with a 36.7% increase to 202,506 units; Honda with a 32.4% increase to 167,249 units; JAC with a 31.9% increase to 22,519 units; Ford with a 20.4% increase to 365,365 units, VW with a 15.7% increase to 349,227 units and Chrysler with a 12.7% increase to 467,542 units
OEMs which declined compared to full-year 2022 included Mercedes-Benz with a 22.5% decrease to 67,846 units; Toyota with a 6.8% decrease to 250,015 units; Kia with a 3.4% decrease to 256,000 units; General Motors with a 2.8% decrease to 722,631 units and Audi with a 1.6% decrease to 175,121 units.
"We have really positive outlook on this year," AMIA head Odracir Barquera said in a press conference, adding a boost in production was expected from electric vehicles. "For both sales and exports we're also expecting the trend of positive growth we've seen (in 2023) to continue," Barquera added.

Mexico - Production/Export of vehicles
Dec. 2023 Dec. 2022 Y-o-Y Jan.-Dec.
2023
Jan.-Dec.
2022
Y-o-Y
Production
Passenger Cars 52,852 50,518 4.6% 903,753 658,001 37.3%
Light Trucks (Pickup Truck, SUV) 163,071 189,018 -13.7% 2,875,481 2,650,345 8.5%
Total 215,923 239,536 -9.9% 3,779,234 3,308,346 14.2%
Export
Passenger Cars 53,179 33,353 59.4% 610,216 469,688 29.9%
Light Trucks 229,137 209,991 9.1% 2,690,660 2,395,953 12.3%
Total 282,316 243,344 16.0% 3,300,876 2,865,641 15.2%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
Dec. Share Dec. Share Jan.-Dec. Share Jan.-Dec. Share
GM 42,310 19.6% 53,049 22.1% -20.2% 722,631 19.1% 743,246 22.5% -2.8%
Nissan 35,791 16.6% 33,775 14.1% 6.0% 615,751 16.3% 391,002 11.8% 57.5%
Chrysler 31,553 14.6% 31,590 13.2% -0.1% 467,542 12.4% 414,952 12.5% 12.7%
Ford Motor 27,398 12.7% 22,583 9.4% 21.3% 365,365 9.7% 303,419 9.2% 20.4%
Volkswagen 14,824 6.9% 22,797 9.5% -35.0% 349,227 9.2% 301,865 9.1% 15.7%
Kia 16,900 7.8% 16,500 6.9% 2.4% 256,000 6.8% 265,000 8.0% -3.4%
Toyota 1,576 0.7% 15,297 6.4% -89.7% 250,015 6.6% 268,344 8.1% -6.8%
Mazda 13,996 6.5% 13,243 5.5% 5.7% 202,506 5.4% 148,098 4.5% 36.7%
Audi 7,750 3.6% 14,099 5.9% -45.0% 175,121 4.6% 178,000 5.4% -1.6%
Honda 11,155 5.2% 6,414 2.7% 73.9% 167,249 4.4% 126,319 3.8% 32.4%
BMW 5,984 2.8% 5,206 2.2% 14.9% 117,462 3.1% 63,465 1.9% 85.1%
Mercedes-Benz 4,589 2.1% 2,618 1.1% 75.3% 67,846 1.8% 87,562 2.6% -22.5%
JAC 2,097 1.0% 2,365 1.0% -11.3% 22,519 0.6% 17,074 0.5% 31.9%
Total 215,923 100.0% 239,536 100.0% -9.9% 3,779,234 100.0% 3,308,346 100.0% 14.2%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker Dec. 2023 Dec. 2022 Y-o-Y Jan.-Dec. 2023 Jan.-Dec. 2022 Y-o-Y
GM 72,707 70,393 3.3% 721,886 694,977 3.9%
Chrysler 34,672 31,484 10.1% 412,892 360,775 14.4%
Ford Motor 32,649 27,889 17.1% 371,087 290,274 27.8%
Nissan 34,638 15,072 129.8% 367,014 239,283 53.4%
Volkswagen 27,771 21,088 31.7% 311,876 276,915 12.6%
Toyota 3,201 17,615 -81.8% 262,225 255,400 2.7%
Kia 11,140 11,748 -5.2% 190,440 200,099 -4.8%
Audi 15,717 14,998 4.8% 178,387 170,558 4.6%
Honda 14,033 8,229 70.5% 154,255 120,518 28.0%
Mazda 17,079 10,489 62.8% 152,739 107,806 41.7%
BMW 11,651 8,237 41.4% 111,266 62,494 78.0%
Mercedes-Benz 7,058 6,102 15.7% 66,809 86,542 -22.8%
Total 282,316 243,344 16.0% 3,300,876 2,865,641 15.2%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, November 2023

Dec 7, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexican auto production up 18.1% in November
OEMs built 329,415 light vehicles in Mexico in November 2023, resulting in a 18.1% increase compared to the 278,824 units built in the same month of 2022, according to the National Institute of Statistics and Geography (Inegi).
OEMs with production increases in November included Nissan with a 76.8% increase to 56,075 units; Chrysler with a 16.7% increase to 38,452 units; Volkswagen with a 33.6% increase to 34,964 units; Ford with a 29.0% increase to 30,511 units; Kia with a 0.4% increase to 22,500 units; Mazda with a 32.5% increase to 18,568 units; Honda with a 124.8% increase to 16,771 units; BMW with a 55.0% increase to 10,891 units ; and JAC with a 85.9% increase to 2,419 units.
OEMs whose production declined in November compared to the previous year included GM with a 2.6% decrease to 69,376 units; Audi with a 1.8% decrease to 14,030 units; Toyota with a 52.7% decrease to 9,947 units and Mercedes-Benz with a 12.7% decrease to 4,911 units.

Mexico - Production/Export of vehicles
Nov. 2023 Nov. 2022 Y-o-Y Jan.-Nov.
2023
Jan.-Nov.
2022
Y-o-Y
Production            
Passenger Cars 84,714 59,502 42.4% 850,893 607,483 40.1%
Light Trucks (Pickup Truck, SUV) 244,701 219,322 11.6% 2,712,408 2,461,327 10.2%
Total 329,415 278,824 18.1% 3,563,301 3,068,810 16.1%
Export            
Passenger Cars 51,499 38,233 34.7% 557,037 436,335 27.7%
Light Trucks 229,799 192,893 19.1% 2,461,523 2,185,962 12.6%
Total 281,298 231,126 21.7% 3,018,560 2,622,297 15.1%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
Nov. Share Nov. Share Jan.-Nov. Share Jan.-Nov. Share
GM 69,376 21.1% 71,195 25.5% -2.6% 680,321 19.1% 690,197 22.5% -1.4%
Nissan 56,075 17.0% 31,720 11.4% 76.8% 579,960 16.3% 357,227 11.6% 62.4%
Chrysler 38,452 11.7% 32,957 11.8% 16.7% 435,989 12.2% 383,362 12.5% 13.7%
Volkswagen 34,964 10.6% 26,176 9.4% 33.6% 334,403 9.4% 279,068 9.1% 19.8%
Ford Motor 30,511 9.3% 23,643 8.5% 29.0% 337,967 9.5% 280,836 9.2% 20.3%
Kia 22,500 6.8% 22,400 8.0% 0.4% 239,092 6.7% 248,500 8.1% -3.8%
Mazda 18,568 5.6% 14,016 5.0% 32.5% 188,510 5.3% 134,855 4.4% 39.8%
Honda 16,771 5.1% 7,459 2.7% 124.8% 156,094 4.4% 119,905 3.9% 30.2%
Audi 14,030 4.3% 14,285 5.1% -1.8% 167,371 4.7% 163,901 5.3% 2.1%
BMW 10,891 3.3% 7,025 2.5% 55.0% 111,478 3.1% 58,259 1.9% 91.3%
Toyota 9,947 3.0% 21,022 7.5% -52.7% 248,437 7.0% 253,047 8.2% -1.8%
Mercedes-Benz 4,911 1.5% 5,625 2.0% -12.7% 63,257 1.8% 84,944 2.8% -25.5%
JAC 2,419 0.7% 1,301 0.5% 85.9% 20,422 0.6% 14,709 0.5% 38.8%
Total 329,415 100.0% 278,824 100.0% 18.1% 3,563,301 100.0% 3,068,810 100.0% 16.1%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker Nov. 2023 Nov. 2022 Y-o-Y Jan.-Nov. 2023 Jan.-Nov. 2022 Y-o-Y
GM 69,890 59,041 18.4% 649,179 624,584 3.9%
Chrysler 36,749 36,169 1.6% 378,220 329,291 14.9%
Volkswagen 33,793 21,493 57.2% 284,105 255,827 11.1%
Nissan 26,771 16,270 64.5% 332,376 224,211 48.2%
Ford Motor 24,758 18,827 31.5% 338,438 262,385 29.0%
Toyota 18,375 19,348 -5.0% 259,024 237,785 8.9%
Kia 15,902 16,925 -6.0% 179,300 188,351 -4.8%
Honda 15,887 7,113 123.4% 140,222 112,289 24.9%
Audi 13,435 15,747 -14.7% 162,670 155,560 4.6%
BMW 10,930 8,806 24.1% 99,615 54,257 83.6%
Mazda 10,164 6,593 54.2% 135,660 97,317 39.4%
Mercedes-Benz 4,644 4,794 -3.1% 59,751 80,440 -25.7%
Total 281,298 231,126 21.7% 3,018,560 2,622,297 15.1%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, October 2023

Nov 8, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexican auto production up 35.8% in October
OEMs built 378,129 light vehicles in Mexico in October 2023, resulting in a 35.8% increase compared to the 278,506 units built in the same month of 2022, according to the National Institute of Statistics and Geography (Inegi).
OEMs with production increases in October included GM with a 35.7% increase to 79,089 units; Nissan with a 116.7% increase to 62,835 units; Volkswagen with a 86.5% increase to 45,450 units; Chrysler with a 47.4% increase to 43,539 units; Toyota with a 1.0% increase to 26,573 units; Kia with a 1.1% increase to 23,000 units; Mazda with a 30.5% increase to 19,122 units; Honda with a 85.4% increase to 17,802 units ; BMW with a 42.1% increase to 12,023 units; and JAC with a 10.7% increase to 2,325 units.
OEMs whose production declined in October compared to the previous year included Ford Motor with a 9.5% decrease to 24,615 units; Audi with a 14.0% decrease to 16,333 units; and Mercedes-Benz with a 25.1% decrease to 5,423 units.

Mexico - Production/Export of vehicles
Oct. 2023 Oct. 2022 Y-o-Y Jan.-Oct.
2023
Jan.-Oct.
2022
Y-o-Y
Production
Passenger Cars 91,716 51,177 79.2% 766,179 547,981 39.8%
Light Trucks (Pickup Truck, SUV) 286,413 227,329 26.0% 2,467,708 2,242,005 10.1%
Total 378,129 278,506 35.8% 3,233,887 2,789,986 15.9%
Export
Passenger Cars 62,238 41,414 50.3% 505,538 398,102 27.0%
Light Trucks 254,183 226,496 12.2% 2,231,724 1,993,069 12.0%
Total 316,421 267,910 18.1% 2,737,262 2,391,171 14.5%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
Oct. Share Oct. Share Jan.-Oct. Share Jan.-Oct. Share
GM 79,089 20.9% 58,291 20.9% 35.7% 610,945 18.9% 619,002 22.2% -1.3%
Nissan 62,835 16.6% 28,997 10.4% 116.7% 523,885 16.2% 325,507 11.7% 60.9%
Volkswagen 45,450 12.0% 24,364 8.7% 86.5% 299,439 9.3% 252,892 9.1% 18.4%
Chrysler 43,539 11.5% 29,537 10.6% 47.4% 397,537 12.3% 350,405 12.6% 13.5%
Toyota 26,573 7.0% 26,305 9.4% 1.0% 238,491 7.4% 232,025 8.3% 2.8%
Ford Motor 24,615 6.5% 27,205 9.8% -9.5% 307,456 9.5% 257,193 9.2% 19.5%
Kia 23,000 6.1% 22,750 8.2% 1.1% 216,592 6.7% 226,100 8.1% -4.2%
Mazda 19,122 5.1% 14,648 5.3% 30.5% 169,942 5.3% 120,839 4.3% 40.6%
Honda 17,802 4.7% 9,604 3.4% 85.4% 139,323 4.3% 112,446 4.0% 23.9%
Audi 16,333 4.3% 19,000 6.8% -14.0% 153,341 4.7% 149,616 5.4% 2.5%
BMW 12,023 3.2% 8,461 3.0% 42.1% 100,587 3.1% 51,234 1.8% 96.3%
Mercedes-Benz 5,423 1.4% 7,243 2.6% -25.1% 58,346 1.8% 79,319 2.8% -26.4%
JAC 2,325 0.6% 2,101 0.8% 10.7% 18,003 0.6% 13,408 0.5% 34.3%
Total 378,129 100.0% 278,506 100.0% 35.8% 3,233,887 100.0% 2,789,986 100.0% 15.9%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker Oct. 2023 Oct. 2022 Y-o-Y Jan.-Oct. 2023 Jan.-Oct. 2022 Y-o-Y
GM 69,674 63,437 9.8% 579,289 565,543 2.4%
Ford Motor 40,115 31,635 26.8% 313,680 243,558 28.8%
Nissan 35,642 22,790 56.4% 305,605 207,941 47.0%
Volkswagen 34,079 23,835 43.0% 250,312 234,334 6.8%
Toyota 27,749 24,909 11.4% 240,649 218,437 10.2%
Chrysler 26,235 26,960 -2.7% 341,471 293,122 16.5%
BMW 17,777 6,997 154.1% 88,685 45,451 95.1%
Kia 16,777 16,900 -0.7% 163,398 171,426 -4.7%
Honda 16,231 10,179 59.5% 124,335 105,176 18.2%
Audi 13,657 17,379 -21.4% 149,235 139,813 6.7%
Mazda 13,226 11,661 13.4% 125,496 90,724 38.3%
Mercedes-Benz 5,259 11,228 -53.2% 55,107 75,646 -27.2%
Total 316,421 267,910 18.1% 2,737,262 2,391,171 14.5%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, September 2023

Oct 10, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexican auto production up 24.0% in September
OEMs built 338,899 light vehicles in Mexico in September 2023, resulting in a 24.0% increase compared to the 273,329 units built in the same month of 2022, according to the National Institute of Statistics and Geography (Inegi).
OEMs with production increases in September included BMW with a 89.4% increase to 12,566 units; Chrysler (FCA) with a 5.2% increase to 37,242 units; Ford with a 33.7% increase to 40,085 units; GM with a 31.7% increase to 67,143 units; Honda with a 16.1% increase to 13,892 units; Mazda with a 3.2% increase to 16,135 units; Nissan with a 79.5% increase to 49,749 units; and Volkswagen with a 57.1% increase to 31,670 units.
OEMs whose production declined in September compared to the previous year included Audi with a 9.0% decrease to 14,973 units; JAC with a 8.8% decrease to 1,869 units; Kia with a 3.7% decrease to 22,400 units; Mercedes-Benz with a 19.1% decrease to 6,357 units; and Toyota with a 1.7% decrease to 24,818 units.

Mexico - Production/Export of vehicles
Sep. 2023 Sep. 2022 Y-o-Y Jan.-Sep.
2023
Jan.-Sep.
2022
Y-o-Y
Production
Passenger Cars 69,287 53,378 29.8% 674,463 496,804 35.8%
Light Trucks (Pickup Truck, SUV) 269,612 219,951 22.6% 2,177,097 2,014,676 8.1%
Total 338,899 273,329 24.0% 2,851,560 2,511,480 13.5%
Export
Passenger Cars 51,554 39,465 30.6% 443,300 356,688 24.3%
Light Trucks 249,787 220,327 13.4% 1,981,857 1,766,573 12.2%
Total 301,341 259,792 16.0% 2,425,157 2,123,261 14.2%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
Sep. Share Sep. Share Jan.-Sep. Share Jan.-Sep. Share
GM 67,143 19.8% 50,965 18.6% 31.7% 531,856 18.7% 560,711 22.3% -5.1%
Nissan 49,749 14.7% 27,712 10.1% 79.5% 461,050 16.2% 296,510 11.8% 55.5%
Ford Motor 40,085 11.8% 29,976 11.0% 33.7% 282,841 9.9% 229,988 9.2% 23.0%
Chrysler 37,242 11.0% 35,417 13.0% 5.2% 353,998 12.4% 320,868 12.8% 10.3%
Volkswagen 31,670 9.3% 20,158 7.4% 57.1% 253,989 8.9% 228,528 9.1% 11.1%
Toyota 24,818 7.3% 25,257 9.2% -1.7% 211,918 7.4% 205,720 8.2% 3.0%
Kia 22,400 6.6% 23,250 8.5% -3.7% 193,592 6.8% 203,350 8.1% -4.8%
Mazda 16,135 4.8% 15,633 5.7% 3.2% 150,820 5.3% 106,191 4.2% 42.0%
Audi 14,973 4.4% 16,452 6.0% -9.0% 137,008 4.8% 130,616 5.2% 4.9%
Honda 13,892 4.1% 11,965 4.4% 16.1% 117,323 4.1% 102,842 4.1% 14.1%
BMW 12,566 3.7% 6,633 2.4% 89.4% 88,564 3.1% 42,773 1.7% 107.1%
Mercedes-Benz 6,357 1.9% 7,862 2.9% -19.1% 52,923 1.9% 72,076 2.9% -26.6%
JAC 1,869 0.6% 2,049 0.7% -8.8% 15,678 0.5% 11,307 0.5% 38.7%
Total 338,899 100.0% 273,329 100.0% 24.0% 2,851,560 100.0% 2,511,480 100.0% 13.5%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker Sep. 2023 Sep. 2022 Y-o-Y Jan.-Sep. 2023 Jan.-Sep. 2022 Y-o-Y
GM 61,703 62,004 -0.5% 509,615 502,106 1.5%
Ford Motor 38,586 28,471 35.5% 273,565 211,923 29.1%
Chrysler 38,074 32,068 18.7% 315,236 266,162 18.4%
Volkswagen 35,193 24,155 45.7% 216,233 210,499 2.7%
Toyota 25,651 25,748 -0.4% 212,900 193,528 10.0%
Nissan 22,691 18,164 24.9% 269,963 185,151 45.8%
Kia 17,804 18,155 -1.9% 146,621 154,526 -5.1%
Audi 16,344 14,548 12.3% 135,578 122,434 10.7%
Honda 16,063 10,252 56.7% 112,420 94,997 18.3%
Mazda 13,653 13,382 2.0% 112,270 79,063 42.0%
BMW 11,876 6,507 82.5% 70,908 38,454 84.4%
Mercedes-Benz 3,703 6,338 -41.6% 49,848 64,418 -22.6%
Total 301,341 259,792 16.0% 2,425,157 2,123,261 14.2%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, August 2023

Sep 8, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexican auto production increases 2.8% in August
OEMs built 325,676 light vehicles in Mexico in August 2023, resulting in a 2.8% increase compared to the 316,815 units built in the same month of 2022, according to the National Institute of Statistics and Geography (Inegi).
OEMs with production increases in August included BMW with a 33.9% increase to 9,313 units; Chrysler with a 1.4% increase to 44,234 units; Honda with a 17.3% increase to 13,818 units; JAC with a 136.1% increase to 1,740 units; Kia with a 0.4% increase to 24,492 units; Nissan with a 70.2% increase to 59,903 units; Toyota with a 6.3% increase to 25,729 units; and Volkswagen with a 7.5% increase to 35,054 units.
OEMs whose production declined in August compared to the previous year included Audi with a 25.4% decrease to 12,002 units Ford with a 1.7% decrease to 25,661 units; GM with a 24.2% decrease to 53,743 units; Mazda with a 1.4% decrease to 14,199 units; and Mercedes-Benz with a 41.1% decrease to 5,788 units.

Mexico - Production/Export of vehicles
Aug. 2023 Aug. 2022 Y-o-Y Jan.-Aug.
2023
Jan.-Aug.
2022
Y-o-Y
Production
Passenger Cars 86,910 65,467 32.8% 605,176 443,426 36.5%
Light Trucks (Pickup Truck, SUV) 238,766 251,348 -5.0% 1,907,485 1,794,725 6.3%
Total 325,676 316,815 2.8% 2,512,661 2,238,151 12.3%
Export
Passenger Cars 59,812 36,380 64.4% 391,746 317,223 23.5%
Light Trucks 228,033 212,324 7.4% 1,732,070 1,546,246 12.0%
Total 287,845 248,704 15.7% 2,123,816 1,863,469 14.0%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
Aug. Share Aug. Share Jan.-Aug. Share Jan.-Aug. Share
Nissan 59,903 18.4% 35,203 11.1% 70.2% 411,301 16.4% 268,798 12.0% 53.0%
GM 53,743 16.5% 70,874 22.4% -24.2% 464,713 18.5% 509,746 22.8% -8.8%
Chrysler 44,234 13.6% 43,626 13.8% 1.4% 316,756 12.6% 285,451 12.8% 11.0%
Volkswagen 35,054 10.8% 32,601 10.3% 7.5% 222,319 8.8% 208,370 9.3% 6.7%
Toyota 25,729 7.9% 24,214 7.6% 6.3% 187,100 7.4% 180,463 8.1% 3.7%
Ford Motor 25,661 7.9% 26,104 8.2% -1.7% 242,756 9.7% 200,012 8.9% 21.4%
Kia 24,492 7.5% 24,400 7.7% 0.4% 171,192 6.8% 180,100 8.0% -4.9%
Mazda 14,199 4.4% 14,400 4.5% -1.4% 134,685 5.4% 90,558 4.0% 48.7%
Honda 13,818 4.2% 11,776 3.7% 17.3% 103,431 4.1% 90,877 4.1% 13.8%
Audi 12,002 3.7% 16,090 5.1% -25.4% 122,035 4.9% 114,164 5.1% 6.9%
BMW 9,313 2.9% 6,957 2.2% 33.9% 75,998 3.0% 36,140 1.6% 110.3%
Mercedes-Benz 5,788 1.8% 9,833 3.1% -41.1% 46,566 1.9% 64,214 2.9% -27.5%
JAC 1,740 0.5% 737 0.2% 136.1% 13,809 0.5% 9,258 0.4% 49.2%
Total 325,676 100.0% 316,815 100.0% 2.8% 2,512,661 100.0% 2,238,151 100.0% 12.3%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Export of vehicles by make
Maker Aug. 2023 Aug. 2022 Y-o-Y Jan.-Aug. 2023 Jan.-Aug. 2022 Y-o-Y
GM 57,977 65,695 -11.7% 447,912 440,102 1.8%
Volkswagen 35,222 29,660 18.8% 181,040 186,344 -2.8%
Nissan 35,053 18,224 92.3% 247,272 166,987 48.1%
Ford Motor 29,440 22,457 31.1% 234,979 183,452 28.1%
Chrysler 27,680 31,521 -12.2% 277,162 234,094 18.4%
Toyota 26,576 18,342 44.9% 187,249 167,780 11.6%
Kia 17,928 18,135 -1.1% 128,817 136,371 -5.5%
Honda 17,111 10,067 70.0% 96,357 84,745 13.7%
BMW 12,437 588 2015.1% 59,032 31,947 84.8%
Mazda 12,149 8,165 48.8% 98,617 65,681 50.1%
Audi 10,208 17,266 -40.9% 119,234 107,886 10.5%
Mercedes-Benz 6,064 8,584 -29.4% 46,145 58,080 -20.5%
Total 287,845 248,704 15.7% 2,123,816 1,863,469 14.0%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

More detailed statistics for Mexico

PAGETOP

Flash report, July 2023

Aug 7, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexican auto production up 13.2% in July
OEMs built 294,350 light vehicles in Mexico in July 2023, resulting in a 13.2% increase compared to the 259,992 units built in the same month of 2022, according to the National Institute of Statistics and Geography (INEGI), with significant increases reported by many manufacturers compared to the same month one year ago.
OEMs with production increases in July included Audi with a 27.3% increase to 14,026 units; BMW with a 18,429.2% increase to 12,044 units; Ford with a 91.9% increase to 34,211 units; Honda with a 47.0% increase to 15,489 units; JAC with a 7.1% increase to 1,653 units; Mazda with a 22.1% increase to 16,688 units; Mercedes-Benz with a 125.6% increase to 7,498 units; Nissan with a 103.2% increase to 47,764 units; and Toyota with a 9.0% increase to 19,863 units.
OEMs whose production declined in July compared to the previous year included Chrysler with a 17.0% decrease to 31,069 units; GM with a 30.8% decrease to 45,508 units; Kia with a 15.5% decrease to 16,900 units; and Volkswagen with a 14.7% decrease to 31,627 units.

Mexico - Production/Export of vehicles
Jul. 2023 Jul. 2022 Y-o-Y Jan.-Jul.
2023
Jan.-Jul.
2022
Y-o-Y
Production
Passenger Cars
74,371
44,607
66.7%
518,266
377,959
37.1%
Light Trucks (Pickup Truck, SUV)
219,979
215,385
2.1%
1,668,719
1,543,377
8.1%
Total
294,350
259,992
13.2%
2,186,985
1,921,336
13.8%
Export
Passenger Cars
50,074
32,023
56.4%
331,934
280,843
18.2%
Light Trucks
225,691
178,147
26.7%
1,504,037
1,333,922
12.8%
Total
275,765
210,170
31.2%
1,835,971
1,614,765
13.7%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
Jul. Share Jul. Share Jan.-Jul. Share Jan.-Jul. Share
Nissan
47,764
16.2%
23,509
9.0%
103.2%
351,398
16.1%
233,595
12.2%
50.4%
GM
45,508
15.5%
65,747
25.3%
-30.8%
410,970
18.8%
438,872
22.8%
-6.4%
Ford Motor
34,221
11.6%
17,832
6.9%
91.9%
217,095
9.9%
173,908
9.1%
24.8%
Volkswagen
31,627
10.7%
37,086
14.3%
-14.7%
187,265
8.6%
175,769
9.1%
6.5%
Chrysler
31,069
10.6%
37,443
14.4%
-17.0%
272,522
12.5%
241,825
12.6%
12.7%
Toyota
19,863
6.7%
18,216
7.0%
9.0%
161,371
7.4%
156,249
8.1%
3.3%
Kia
16,900
5.7%
20,000
7.7%
-15.5%
146,700
6.7%
155,700
8.1%
-5.8%
Mazda
16,688
5.7%
13,670
5.3%
22.1%
120,486
5.5%
76,158
4.0%
58.2%
Honda
15,489
5.3%
10,539
4.1%
47.0%
89,613
4.1%
79,101
4.1%
13.3%
Audi
14,026
4.8%
11,019
4.2%
27.3%
110,033
5.0%
98,074
5.1%
12.2%
BMW
12,044
4.1%
65
0.0%
18429.2%
66,685
3.0%
29,183
1.5%
128.5%
Mercedes-Benz
7,498
2.5%
3,323
1.3%
125.6%
40,778
1.9%
54,381
2.8%
-25.0%
JAC
1,653
0.6%
1,543
0.6%
7.1%
12,069
0.6%
8,521
0.4%
41.6%
Total
294,350
100.0%
259,992
100.0%
13.2%
2,186,985
100.0%
1,921,336
100.0%
13.8%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker Jul. 2023 Jul. 2022 Y-o-Y Jan.-Jul. 2023 Jan.-Jul. 2022 Y-o-Y
GM
46,784
57,601
-18.8%
389,935
374,407
4.1%
Ford Motor
38,061
13,800
175.8%
205,539
160,995
27.7%
Nissan
33,958
15,078
125.2%
212,219
148,763
42.7%
Chrysler
30,669
30,134
1.8%
249,482
202,573
23.2%
Volkswagen
29,111
23,383
24.5%
145,818
156,684
-6.9%
Toyota
22,325
19,760
13.0%
160,673
149,438
7.5%
Audi
18,999
7,087
168.1%
109,026
90,620
20.3%
Honda
15,121
8,420
79.6%
79,246
74,678
6.1%
Kia
14,314
14,636
-2.2%
110,889
118,236
-6.2%
Mazda
11,689
9,761
19.8%
86,468
57,516
50.3%
Mercedes-Benz
8,927
6,625
34.7%
40,081
49,496
-19.0%
BMW
5,807
3,885
49.5%
46,595
31,359
48.6%
Total
275,765
210,170
31.2%
1,835,971
1,614,765
13.7%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, June 2023

Jul 10, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexican auto production increases 16.3% in June
OEMs built 331,707 light vehicles in Mexico in June 2023, resulting in a 16.3% increase compared to the 285,317 units built in the same month of 2022, according to the National Institute of Statistics and Geography (Inegi), with significant increases reported by many manufacturers compared to the same month one year ago.
OEMs with production increases in June included Audi with a 152.4% increase to 16,578 units; BMW with a 109.8% increase to 12,221 units; Ford with a 67.7% increase to 38,207 units; Honda with a 124.7% increase to 15,951 units; JAC with a 46.8% increase to 1,647 units; Mazda with a 30.7% increase to 16,390 units; Nissan with a 80.3% increase to 60,282 units; Toyota with a 17.0% increase to 25,346 units; and Volkswagen with a 33.6% increase to 37,049 units.
OEMs whose production declined in June compared to the previous year included Chrysler with a 6.5% decrease to 31,686 units; GM with a 37.5% decrease to 47,655 units; Kia with an 8.5% decrease to 23,800 units; and Mercedes-Benz with a 52.9% decrease to 4,895 units.

Mexico - Production/Export of vehicles
Jun. 2023 Jun. 2022 Y-o-Y Jan.-Jun.
2023
Jan.-Jun.
2022
Y-o-Y
Production
Passenger Cars
88,116
56,634
55.6%
443,895
333,352
33.2%
Light Trucks (Pickup Truck, SUV)
243,591
228,683
6.5%
1,448,740
1,327,992
9.1%
Total
331,707
285,317
16.3%
1,892,635
1,661,344
13.9%
Export
Passenger Cars
57,828
41,578
39.1%
281,860
248,820
13.3%
Light Trucks
228,463
196,096
16.5%
1,278,346
1,155,775
10.6%
Total
286,291
237,674
20.5%
1,560,206
1,404,595
11.1%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
Jun. Share Jun. Share Jan.-Jun. Share Jan.-Jun. Share
Nissan
60,282
18.2%
33,437
11.7%
80.3%
303,634
16.0%
210,086
12.6%
44.5%
GM
47,655
14.4%
76,291
26.7%
-37.5%
365,462
19.3%
373,125
22.5%
-2.1%
Ford Motor
38,207
11.5%
22,783
8.0%
67.7%
182,874
9.7%
156,076
9.4%
17.2%
Volkswagen
37,049
11.2%
27,728
9.7%
33.6%
155,638
8.2%
138,683
8.3%
12.2%
Chrysler
31,686
9.6%
33,874
11.9%
-6.5%
241,453
12.8%
204,382
12.3%
18.1%
Toyota
25,346
7.6%
21,661
7.6%
17.0%
141,508
7.5%
138,033
8.3%
2.5%
Kia
23,800
7.2%
26,000
9.1%
-8.5%
129,800
6.9%
135,700
8.2%
-4.3%
Audi
16,578
5.0%
6,568
2.3%
152.4%
96,007
5.1%
87,055
5.2%
10.3%
Mazda
16,390
4.9%
12,541
4.4%
30.7%
103,798
5.5%
62,488
3.8%
66.1%
Honda
15,951
4.8%
7,099
2.5%
124.7%
74,124
3.9%
68,562
4.1%
8.1%
BMW
12,221
3.7%
5,825
2.0%
109.8%
54,641
2.9%
29,118
1.8%
87.7%
Mercedes-Benz
4,895
1.5%
10,388
3.6%
-52.9%
33,280
1.8%
51,058
3.1%
-34.8%
JAC
1,647
0.5%
1,122
0.4%
46.8%
10,416
0.6%
6,978
0.4%
49.3%
Total
331,707
100.0%
285,317
100.0%
16.3%
1,892,635
100.0%
1,661,344
100.0%
13.9%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker Jun. 2023 Jun. 2022 Y-o-Y Jan.-Jun. 2023 Jan.-Jun. 2022 Y-o-Y
GM
68,299
42,353
61.3%
343,151
316,806
8.3%
Nissan
36,309
26,055
39.4%
178,261
133,685
33.3%
Ford Motor
33,888
21,061
60.9%
167,478
147,195
13.8%
Chrysler
33,174
35,171
-5.7%
218,813
172,439
26.9%
Toyota
24,520
23,908
2.6%
138,348
129,678
6.7%
Volkswagen
20,463
28,434
-28.0%
116,707
133,301
-12.4%
Kia
17,850
21,300
-16.2%
96,575
103,600
-6.8%
Audi
15,135
15,131
0.0%
90,027
83,533
7.8%
Mazda
14,128
8,585
64.6%
74,779
47,755
56.6%
BMW
10,651
3,871
175.1%
40,788
27,474
48.5%
Honda
6,949
5,331
30.4%
64,125
66,258
-3.2%
Mercedes-Benz
4,925
6,474
-23.9%
31,154
42,871
-27.3%
Total
286,291
237,674
20.5%
1,560,206
1,404,595
11.1%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, May 2023

Jun 7, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexican auto production grows 25.0% in May
OEMs built 344,201 light vehicles in Mexico in May 2023, resulting in a 25.0% increase compared to the 275,436 units built in the same month of 2022, according to the National Institute of Statistics and Geography (Inegi), with significant increases reported by many manufacturers compared to the same month one year ago.
OEMs with production increases in May included Audi with a 12.6% increase to 18,725 units; BMW with a 276.6% increase to 12,137 units; Chrysler with a 10.7% increase to 40,521 units; Ford with a 70.6% increase to 40,463 units; GM with a 22.4% increase to 69,327 units; Honda with a 221.4% increase to 10,523 units; JAC with a 8.2% increase to 1,635 units; Mazda with a 112.2% increase to 15,013 units; Nissan with a 50.0% increase to 56,659 units; and Toyota with a 0.5% increase to 27,593 units.
OEMs whose production declined in May compared to the previous year included Kia with a 3.4% decrease to 23,000 units; Mercedes-Benz with a 31.0% decrease to 6,333 units; and Volkswagen with a 22.0% decrease to 22,272 units.

Mexico - Production/Export of vehicles
May 2023 May 2022 Y-o-Y Jan.-May
2023
Jan.-May
2022
Y-o-Y
Production            
Passenger Cars 81,606 53,549 52.4% 355,779 276,718 28.6%
Light Trucks (Pickup Truck, SUV) 262,595 221,887 18.3% 1,205,149 1,099,309 9.6%
Total 344,201 275,436 25.0% 1,560,928 1,376,027 13.4%
Export            
Passenger Cars 53,438 38,631 38.3% 224,032 207,242 8.1%
Light Trucks 225,836 206,012 9.6% 1,049,883 959,679 9.4%
Total 279,274 244,643 14.2% 1,273,915 1,166,921 9.2%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
May Share May Share Jan.-May Share Jan.-May Share
GM 69,327 20.1% 56,638 20.6% 22.4% 317,807 20.4% 296,834 21.6% 7.1%
Nissan 56,659 16.5% 37,772 13.7% 50.0% 243,352 15.6% 176,649 12.8% 37.8%
Chrysler 40,521 11.8% 36,602 13.3% 10.7% 209,767 13.4% 170,508 12.4% 23.0%
Ford Motor 40,463 11.8% 23,719 8.6% 70.6% 144,667 9.3% 133,293 9.7% 8.5%
Toyota 27,593 8.0% 27,463 10.0% 0.5% 116,162 7.4% 116,372 8.5% -0.2%
Kia 23,000 6.7% 23,800 8.6% -3.4% 106,000 6.8% 109,700 8.0% -3.4%
Volkswagen 22,272 6.5% 28,556 10.4% -22.0% 118,589 7.6% 110,955 8.1% 6.9%
Audi 18,725 5.4% 16,630 6.0% 12.6% 79,429 5.1% 80,487 5.8% -1.3%
Mazda 15,013 4.4% 7,075 2.6% 112.2% 87,408 5.6% 49,947 3.6% 75.0%
BMW 12,137 3.5% 3,223 1.2% 276.6% 42,420 2.7% 23,293 1.7% 82.1%
Honda 10,523 3.1% 3,274 1.2% 221.4% 58,173 3.7% 61,463 4.5% -5.4%
Mercedes-Benz 6,333 1.8% 9,173 3.3% -31.0% 28,385 1.8% 40,670 3.0% -30.2%
JAC 1,635 0.5% 1,511 0.5% 8.2% 8,769 0.6% 5,856 0.4% 49.7%
Total 344,201 100.0% 275,436 100.0% 25.0% 1,560,928 100.0% 1,376,027 100.0% 13.4%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker May 2023 May 2022 Y-o-Y Jan.-May 2023 Jan.-May 2022 Y-o-Y
GM 59,144 54,999 7.5% 274,852 274,453 0.1%
Ford Motor 35,015 21,069 66.2% 133,590 126,134 5.9%
Chrysler 31,891 40,716 -21.7% 185,639 137,268 35.2%
Nissan 28,102 25,562 9.9% 141,952 107,630 31.9%
Toyota 27,229 22,371 21.7% 113,828 105,770 7.6%
Volkswagen 21,798 23,135 -5.8% 96,244 104,867 -8.2%
Kia 17,316 18,450 -6.1% 78,725 82,300 -4.3%
Audi 17,314 14,532 19.1% 74,892 68,402 9.5%
Honda 14,691 5,207 182.1% 57,176 60,927 -6.2%
Mazda 12,998 6,328 105.4% 60,651 39,170 54.8%
BMW 8,742 4,031 116.9% 30,137 23,603 27.7%
Mercedes-Benz 5,034 8,243 -38.9% 26,229 36,397 -27.9%
Total 279,274 244,643 14.2% 1,273,915 1,166,921 9.2%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, April 2023

May 10, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexican auto production jumps 17.1% in April
OEMs built 294,550 light vehicles in Mexico in April 2023, resulting in a 17.1% increase compared to the 251,547 units built in the same month of 2022, according to the National Institute of Statistics and Geography (Inegi), with increases over the same period one year ago recorded by all companies except for two.
OEMs with production increases in April included Audi with a 7.5% increase to 15,984 units; BMW with a 75.8% increase to 9,791 units; Ford with a 20.2% increase to 29,649 units; GM with a 39.4% increase to 60,102 units; Honda with a 8.7% increase to 11,547 units; JAC with a 20.3% increase to 1,409 units; Mazda with a 184.5% increase to 14,106 units; Nissan with a 7.2% increase to 36,785 units; Toyota with a 22.0% increase to 23,889 units and Volkswagen with a 11.4% increase to 25,835 units.
The two OEMs which declined in April compared to the previous year included Chrysler with a 5.0% decrease to 40,332 units and Kia with a 10.6% decrease to 18,600 units.

Mexico - Production/Export of vehicles
Apr. 2023 Apr. 2022 Y-o-Y Jan.-Apr.
2023
Jan.-Apr.
2022
Y-o-Y
Production            
Passenger Cars 63,863 52,894 20.7% 274,173 223,169 22.9%
Light Trucks (Pickup Truck, SUV) 230,687 198,653 16.1% 942,554 877,422 7.4%
Total 294,550 251,547 17.1% 1,216,727 1,100,591 10.6%
Export            
Passenger Cars 41,130 35,603 15.5% 170,594 168,611 1.2%
Light Trucks 212,205 205,683 3.2% 824,047 753,667 9.3%
Total 253,335 241,286 5.0% 994,641 922,278 7.8%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
Apr. Share Apr. Share Jan.-Apr. Share Jan.-Apr. Share
GM 60,102 20.4% 43,111 17.1% 39.4% 248,480 20.4% 240,196 21.8% 3.4%
Chrysler 40,332 13.7% 42,433 16.9% -5.0% 169,246 13.9% 133,906 12.2% 26.4%
Nissan 36,785 12.5% 34,307 13.6% 7.2% 186,693 15.3% 138,877 12.6% 34.4%
Ford Motor 29,649 10.1% 24,670 9.8% 20.2% 104,204 8.6% 109,574 10.0% -4.9%
Volkswagen 25,835 8.8% 23,182 9.2% 11.4% 96,317 7.9% 82,399 7.5% 16.9%
Toyota 23,889 8.1% 19,589 7.8% 22.0% 88,569 7.3% 88,909 8.1% -0.4%
Kia 18,600 6.3% 20,800 8.3% -10.6% 83,000 6.8% 85,900 7.8% -3.4%
Audi 15,984 5.4% 14,871 5.9% 7.5% 60,704 5.0% 63,857 5.8% -4.9%
Mazda 14,106 4.8% 4,958 2.0% 184.5% 72,395 5.9% 42,872 3.9% 68.9%
Honda 11,547 3.9% 10,621 4.2% 8.7% 47,650 3.9% 58,189 5.3% -18.1%
BMW 9,791 3.3% 5,570 2.2% 75.8% 30,283 2.5% 20,070 1.8% 50.9%
Mercedes-Benz 6,521 2.2% 6,264 2.5% 4.1% 22,052 1.8% 31,497 2.9% -30.0%
JAC 1,409 0.5% 1,171 0.5% 20.3% 7,134 0.6% 4,345 0.4% 64.2%
Total 294,550 100.0% 251,547 100.0% 17.1% 1,216,727 100.0% 1,100,591 100.0% 10.6%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker Apr. 2023 Apr. 2022 Y-o-Y Jan.-Apr. 2023 Jan.-Apr. 2022 Y-o-Y
GM 55,244 52,227 5.8% 215,708 219,454 -1.7%
Chrysler 44,023 22,016 100.0% 153,748 96,552 59.2%
Ford Motor 26,923 38,578 -30.2% 98,575 105,065 -6.2%
Nissan 25,170 13,832 82.0% 113,850 82,068 38.7%
Toyota 22,992 18,359 25.2% 86,599 83,399 3.8%
Volkswagen 17,414 27,938 -37.7% 74,446 81,732 -8.9%
Kia 13,400 16,100 -16.8% 61,409 63,850 -3.8%
Honda 12,668 12,557 0.9% 42,485 55,720 -23.8%
Audi 12,664 18,914 -33.0% 57,578 53,870 6.9%
Mazda 11,780 6,298 87.0% 47,653 32,842 45.1%
BMW 6,550 5,485 19.4% 21,395 19,572 9.3%
Mercedes-Benz 4,507 8,982 -49.8% 21,195 28,154 -24.7%
Total 253,335 241,286 5.0% 994,641 922,278 7.8%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

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Flash report, March 2023

Apr 11, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexican auto production grows 13.1% in March
OEMs built 346,124 light vehicles in Mexico in March 2023, resulting in a 13.1% increase compared to the 305,976 units built in the same month of 2022, according to the National Institute of Statistics and Geography (Inegi).
The OEMs with production increases in March included BMW with a 58.7% increase to 8,377 units; Chrysler with a 19.8% increase to 49,596 units; Ford with a 1.2% increase to 32,572 units; JAC with a 34.5% increase to 1,485 units; Kia with a 5.2% increase to 22,100 units Mazda with a 85.2% increase to 22,697 units; Nissan with a 119.6% increase to 57,902 units; and Volkswagen with a 7.9% increase to 33,445 units.
OEMs which declined in March compared to the previous year included Audi with a 11.1% decrease to 15,607 units; General Motors with a 5.4% decrease to 64,447 units; Honda with a 26.6% decrease to 12,244 units; Mercedes-Benz with a 42.7% decrease to 5,239 units; and Toyota with a 14.6% decrease to 20,413 units.
Scotiabank expects that the US economic performance will play a key role in Mexican growth and is likely to be a challenge for the Mexican economy. As expected, Mexico's central bank raised interest rates to 11% in February 2023.
Tesla’s Gigafactory Mexico to be open in 2024 is expected by experts and government officials to boost cross-border trade by USD 15 billion.

Mexico - Production/Export of vehicles
Mar. 2023 Mar. 2022 Y-o-Y Jan.-Mar.
2023
Jan.-Mar.
2022
Y-o-Y
Production            
Passenger Cars 80,187 56,198 42.7% 210,310 170,275 23.5%
Light Trucks (Pickup Truck, SUV) 265,937 249,778 6.5% 711,867 678,769 4.9%
Total 346,124 305,976 13.1% 922,177 849,044 8.6%
Export            
Passenger Cars 52,569 51,469 2.1% 129,464 133,008 -2.7%
Light Trucks 220,118 211,025 4.3% 611,842 547,984 11.7%
Total 272,687 262,494 3.9% 741,306 680,992 8.9%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
Mar. Share Mar. Share Jan.-Mar. Share Jan.-Mar. Share
GM 64,447 18.6% 68,132 22.3% -5.4% 188,378 20.4% 197,085 23.2% -4.4%
Nissan 57,902 16.7% 26,367 8.6% 119.6% 149,908 16.3% 104,570 12.3% 43.4%
Chrysler 49,596 14.3% 41,396 13.5% 19.8% 128,914 14.0% 91,473 10.8% 40.9%
Volkswagen 33,445 9.7% 30,993 10.1% 7.9% 70,482 7.6% 59,217 7.0% 19.0%
Ford Motor 32,572 9.4% 32,173 10.5% 1.2% 74,555 8.1% 84,904 10.0% -12.2%
Mazda 22,697 6.6% 12,258 4.0% 85.2% 58,289 6.3% 37,914 4.5% 53.7%
Kia 22,100 6.4% 21,000 6.9% 5.2% 64,400 7.0% 65,100 7.7% -1.1%
Toyota 20,413 5.9% 23,889 7.8% -14.6% 64,680 7.0% 69,320 8.2% -6.7%
Audi 15,607 4.5% 17,559 5.7% -11.1% 44,720 4.8% 48,986 5.8% -8.7%
Honda 12,244 3.5% 16,679 5.5% -26.6% 36,103 3.9% 47,568 5.6% -24.1%
BMW 8,377 2.4% 5,277 1.7% 58.7% 20,492 2.2% 14,500 1.7% 41.3%
Mercedes-Benz 5,239 1.5% 9,149 3.0% -42.7% 15,531 1.7% 25,233 3.0% -38.4%
JAC 1,485 0.4% 1,104 0.4% 34.5% 5,725 0.6% 3,174 0.4% 80.4%
Total 346,124 100.0% 305,976 100.0% 13.1% 922,177 100.0% 849,044 100.0% 8.6%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker Mar. 2023 Mar. 2022 Y-o-Y Jan.-Mar. 2023 Jan.-Mar. 2022 Y-o-Y
GM 56,927 67,352 -15.5% 160,464 167,227 -4.0%
Nissan 39,242 27,648 41.9% 88,680 68,236 30.0%
Chrysler 35,788 26,426 35.4% 109,725 74,536 47.2%
Ford Motor 27,515 27,878 -1.3% 71,652 66,487 7.8%
Toyota 22,925 24,501 -6.4% 63,607 65,040 -2.2%
Volkswagen 22,507 22,557 -0.2% 57,032 53,794 6.0%
Audi 15,928 14,580 9.2% 44,914 34,956 28.5%
Kia 14,999 15,450 -2.9% 48,009 47,750 0.5%
Mazda 14,650 10,358 41.4% 35,873 26,544 35.1%
Honda 10,034 13,794 -27.3% 29,817 43,163 -30.9%
Mercedes-Benz 6,189 9,745 -36.5% 16,688 19,172 -13.0%
BMW 5,983 2,205 171.3% 14,845 14,087 5.4%
Total 272,687 262,494 3.9% 741,306 680,992 8.9%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

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Flash report, February 2023

Mar 7, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Mexico auto production rises 9.9% in February
OEMs built 295,787 light vehicles in Mexico in February 2023, resulting in a 9.9% increase compared to the 269,258 units built in the same month of 2022, according to the National Institute of Statistics and Geography (INEGI).
The OEMs with production increases in February included BMW with a 312.3% increase to 6,997 units; Chrysler with a 49.0% increase to 42,418 units; General Motors with a 3.5% increase to 67,749 units; JAC with a 91.5% increase to 1,580 units; Mazda with a 35.8% increase to 16,684 units; Nissan with a 13.0% increase to 46,769 units; and Volkswagen with a 60.0% increase to 21,718 units.
OEMs which declined in February compared to the previous year included Audi with a 5.0% decrease to 13,271 units; Ford with a 18.0% decrease to 19,843 units; Honda with a 10.2% decrease to 13,364 units; Mercedes-Benz with a 40,0% decrease to 5,228 units; and Toyota with a 15.0% decrease to 20,566 units.
Kia production was approximately the same as last February at 19,600 units.
Scotiabank expects that the US economic performance will play a key role in Mexican growth and is likely to be a challenge for the Mexican economy. About two-thirds of the Mexican recovery from the 2020 pandemic low is accounted for by exports to the US, which is now broadly expected to fall into a technical recession in 2023. The bank also anticipates that Banxico’s overnight rate will rise to 11% in 2023.
On March 6, Tesla CEO Elon Musk confirmed Monterrey as the location for that the upcoming Gigafactory Mexico, which will focus on building the company’s next-gen vehicle. The company currently has capacity to build about 2 million cars a year at four factories, in Fremont, California; Shanghai, China; Austin, Texas; and Berlin, Germany. It has set a goal of eventually building 20 million annually by 2030.

Mexico - Production/Export of vehicles
Feb. 2023 Feb. 2022 Y-o-Y Jan.-Feb.
2023
Jan.-Feb.
2022
Y-o-Y
Production            
Passenger Cars 65,326 49,197 32.8% 130,123 114,077 14.1%
Light Trucks (Pickup Truck, SUV) 230,461 220,061 4.7% 445,930 428,991 3.9%
Total 295,787 269,258 9.9% 576,053 543,068 6.1%
Export            
Passenger Cars 44,899 40,773 10.1% 76,895 81,539 -5.7%
Light Trucks 185,585 161,095 15.2% 391,724 336,959 16.3%
Total 230,484 201,868 14.2% 468,619 418,498 12.0%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y 2023 2022 Y-o-Y
Feb. Share Feb. Share Jan.-Feb. Share Jan.-Feb. Share
GM 67,749 22.9% 65,482 24.3% 3.5% 123,931 21.5% 128,953 23.7% -3.9%
Nissan 46,769 15.8% 41,378 15.4% 13.0% 92,006 16.0% 78,203 14.4% 17.7%
Chrysler 42,418 14.3% 28,468 10.6% 49.0% 79,318 13.8% 50,077 9.2% 58.4%
Volkswagen 21,718 7.3% 13,572 5.0% 60.0% 37,037 6.4% 28,224 5.2% 31.2%
Toyota 20,566 7.0% 24,183 9.0% -15.0% 44,267 7.7% 45,431 8.4% -2.6%
Ford Motor 19,843 6.7% 24,199 9.0% -18.0% 41,983 7.3% 52,731 9.7% -20.4%
Kia 19,600 6.6% 19,600 7.3% 0.0% 42,300 7.3% 44,100 8.1% -4.1%
Mazda 16,684 5.6% 12,285 4.6% 35.8% 35,592 6.2% 25,656 4.7% 38.7%
Honda 13,364 4.5% 14,886 5.5% -10.2% 23,859 4.1% 30,889 5.7% -22.8%
Audi 13,271 4.5% 13,963 5.2% -5.0% 29,113 5.1% 31,427 5.8% -7.4%
BMW 6,997 2.4% 1,697 0.6% 312.3% 12,115 2.1% 9,223 1.7% 31.4%
Mercedes-Benz 5,228 1.8% 8,720 3.2% -40.0% 10,292 1.8% 16,084 3.0% -36.0%
JAC 1,580 0.5% 825 0.3% 91.5% 4,240 0.7% 2,070 0.4% 104.8%
Total 295,787 100.0% 269,258 100.0% 9.9% 576,053 100.0% 543,068 100.0% 6.1%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker Feb. 2023 Feb. 2022 Y-o-Y Jan.-Feb. 2023 Jan.-Feb. 2022 Y-o-Y
GM 50,721 49,553 2.4% 103,537 99,875 3.7%
Chrysler 34,814 21,131 64.8% 73,937 48,110 53.7%
Nissan 31,989 17,809 79.6% 49,438 40,588 21.8%
Ford Motor 20,200 21,153 -4.5% 44,137 38,609 14.3%
Toyota 16,726 21,673 -22.8% 40,682 40,539 0.4%
Kia 14,706 13,900 5.8% 33,010 32,300 2.2%
Volkswagen 14,214 10,173 39.7% 34,525 31,237 10.5%
Audi 14,102 11,513 22.5% 28,986 20,376 42.3%
Mazda 12,340 9,914 24.5% 21,223 16,186 31.1%
Honda 10,116 13,293 -23.9% 19,783 29,369 -32.6%
BMW 6,495 5,654 14.9% 8,862 11,882 -25.4%
Mercedes-Benz 4,061 6,102 -33.4% 10,499 9,427 11.4%
Total 230,484 201,868 14.2% 468,619 418,498 12.0%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

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Flash report, January 2023

Feb 8, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Mexico auto production increases 2.4% in January

OEMs built 280,315 light vehicles in Mexico in January 2023, resulting in a 2.4% increase compared to the 273,810 units built in the same month of 2022, according to the National Institute of Statistics and Geography (Inegi).
The OEMs with production increases in January included Chrysler with a 70.8% increase to 36,900 units; JAC with a 113.7% increase to 2,660 units; Mazda with a 41.4% increase to 18,908 units; Nissan with a 22.8% increase to 45,237 units; Toyota with a 11.6% increase to 23,703 units; and Volkswagen with a 4.6% increase to 15,319 units.
OEMs which declined in January compared to the previous year included Audi with a 9.3% decrease to 15,842 units; BMW with a 31.4% decrease to 5,165 units; Ford with a 22.4% decrease to 22,140 units; General Motors with a 11.5% decrease to 56,182 units; Honda with a 34.4% decrease to 10,495 units; Kia with a 7.3% decrease to 22,700 units; and Mercedes-Benz with a 31.2% decrease to 5,064 units.

Mexico - Production/Export of vehicles
Jan. 2023 Jan. 2022 Y-o-Y
Production      
Passenger Cars 64,844 64,880 -0.1%
Light Trucks (Pickup Truck, SUV) 215,471 208,930 3.1%
Total 280,315 273,810 2.4%
Export      
Passenger Cars 31,996 40,766 -21.5%
Light Trucks 206,139 175,864 17.2%
Total 238,135 216,630 9.9%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)
Maker/Brand 2023 2022 Y-o-Y
Jan. Share Jan. Share
GM 56,182 20.0% 63,471 23.2% -11.5%
Nissan 45,237 16.1% 36,825 13.4% 22.8%
Chrysler 36,900 13.2% 21,609 7.9% 70.8%
Toyota 23,703 8.5% 21,248 7.8% 11.6%
Kia 22,700 8.1% 24,500 8.9% -7.3%
Ford Motor 22,140 7.9% 28,532 10.4% -22.4%
Mazda 18,908 6.7% 13,371 4.9% 41.4%
Audi 15,842 5.7% 17,464 6.4% -9.3%
Volkswagen 15,319 5.5% 14,652 5.4% 4.6%
Honda 10,495 3.7% 16,003 5.8% -34.4%
BMW 5,165 1.8% 7,526 2.7% -31.4%
Mercedes-Benz 5,064 1.8% 7,364 2.7% -31.2%
JAC 2,660 0.9% 1,245 0.5% 113.7%
Total 280,315 100.0% 273,810 100.0% 2.4%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker Jan. 2023 Jan. 2022 Y-o-Y
GM 52,816 50,322 5.0%
Chrysler 39,123 26,979 45.0%
Toyota 23,956 18,866 27.0%
Ford Motor 23,937 17,456 37.1%
Volkswagen 20,311 21,064 -3.6%
Kia 18,304 18,400 -0.5%
Nissan 17,449 22,779 -23.4%
Audi 14,884 8,863 67.9%
Honda 9,667 16,076 -39.9%
Mazda 8,883 6,272 41.6%
Mercedes-Benz 6,438 3,325 93.6%
BMW 2,367 6,228 -62.0%
Total 238,135 216,630 9.9%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


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