Mexico - Automotive Production volume, 2024

Flash report, December 2024

Jan 10, 2025

*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 increase 4.2% in December, up 5.6% for full-year 2024
OEMs built 224,913 light vehicles in Mexico in December 2024, resulting in a 4.2% increase compared to the 215,912 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI).
OEMs with production increases in December included GM with an increase of 26.5% to 53,534 units; Kia with an increase of 17.8% to 19,900 units; Toyota with an increase of 1,073.9% to 18,501 units; Honda with an increase of 19.6% to 13,344 units; and JAC with an increase of 10.0% to 2,306 units.
OEMs whose production declined in December compared to the previous year are Mercedes-Benz with a decrease of 59.9% to 1,839 units; Ford with a decrease of 18.3% to 22,375 units; Chrysler with a decrease of 17.2% to 26,104 units; Audi with a decrease of 13.3% to 6,716 units; VW with a decrease of 13.3% to 12,852 units; Nissan with a decrease of 5.6% to 33,796 units; and Mazda with a decrease of 2.5% to 13,646 units.
The 3,989,403 total units produced for full-year 2024 were 5.6% more than in 2023.
OEMs with production increases for all of 2024 include GM with a 16.6% increase to 842,567 units; Honda with a 44.2% increase to 241,117 units; JAC with a 12.8% increase to 25,391 units; VW with a 9.5% increase to 382,312 units; Nissan with an 8.8% increase to 669,941 units; Ford with a 5.9% increase to 386,776 units, Kia with a 5.7% increase to 270,700 units, and Mazda with a 3.4% increase to 209,303 units.
OEMs which declined compared to full-year 2023 included BMW Group with a 19.0% decrease to 95,151 units; Audi with a 17.6% decrease to 144,223 units; Mercedes Benz with a 15.3% decrease to 57,487 units; Chrysler with a 10.3% decrease to 419,426 units; and Toyota with a 2.0% decrease to 245,009 units.

Mexico - Production/Export of vehicles

	Dec. 2024	Dec. 2023	Y-o-Y	Jan.-Dec. 2024	Jan.-Dec. 2023	Y-o-Y
Production
Passenger Cars	49,475	52,852	-6.4%	947,726	903,753	4.9%
Light Trucks (Pickup Truck, SUV)	175,438	163,060	7.6%	3,041,677	2,875,398	5.8%
Total	224,913	215,912	4.2%	3,989,403	3,779,151	5.6%
Export
Passenger Cars	51,234	53,179	-3.7%	687,243	610,216	12.6%
Light Trucks	214,720	229,137	-6.3%	2,791,843	2,690,660	3.8%
Total	265,954	282,316	-5.8%	3,479,086	3,300,876	5.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Dec.	Share	Dec.	Share		Jan.-Dec.	Share	Jan.-Dec.	Share
GM	53,534	23.8%	42,310	19.6%	26.5%	842,567	21.1%	722,631	19.1%	16.6%
Nissan	33,796	15.0%	35,791	16.6%	-5.6%	669,941	16.8%	615,751	16.3%	8.8%
Chrysler	26,104	11.6%	31,542	14.6%	-17.2%	419,426	10.5%	467,459	12.4%	-10.3%
Ford Motor	22,375	9.9%	27,398	12.7%	-18.3%	386,776	9.7%	365,365	9.7%	5.9%
Volkswagen	12,852	5.7%	14,824	6.9%	-13.3%	382,312	9.6%	349,227	9.2%	9.5%
Kia	19,900	8.8%	16,900	7.8%	17.8%	270,700	6.8%	256,000	6.8%	5.7%
Toyota	18,501	8.2%	1,576	0.7%	1073.9%	245,009	6.1%	250,015	6.6%	-2.0%
Honda	13,344	5.9%	11,155	5.2%	19.6%	241,117	6.0%	167,249	4.4%	44.2%
Mazda	13,646	6.1%	13,996	6.5%	-2.5%	209,303	5.2%	202,506	5.4%	3.4%
Audi	6,716	3.0%	7,750	3.6%	-13.3%	144,223	3.6%	175,121	4.6%	-17.6%
BMW	N/A	-%	5,984	2.8%	-100.0%	95,151	2.4%	117,462	3.1%	-19.0%
Mercedes-Benz	1,839	0.8%	4,589	2.1%	-59.9%	57,487	1.4%	67,846	1.8%	-15.3%
JAC	2,306	1.0%	2,097	1.0%	10.0%	25,391	0.6%	22,519	0.6%	12.8%
Total	224,913	100.0%	215,912	100.0%	4.2%	3,989,403	100.0%	3,779,151	100.0%	5.6%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Dec. 2024	Dec. 2023	Y-o-Y	Jan.-Dec. 2024	Jan.-Dec. 2023	Y-o-Y
GM	67,694	72,707	-6.9%	830,820	721,886	15.1%
Nissan	35,459	34,638	2.4%	456,866	367,014	24.5%
Ford Motor	30,001	32,649	-8.1%	379,849	371,087	2.4%
Chrysler	27,074	34,672	-21.9%	353,307	412,892	-14.4%
Volkswagen	17,366	27,771	-37.5%	326,217	311,876	4.6%
Toyota	20,530	3,201	541.4%	245,121	262,225	-6.5%
Honda	18,760	14,033	33.7%	232,433	154,255	50.7%
Kia	15,373	11,140	38.0%	206,246	190,440	8.3%
Audi	9,288	15,717	-40.9%	143,783	178,387	-19.4%
Mazda	10,692	17,079	-37.4%	141,933	152,739	-7.1%
BMW	8,561	11,651	-26.5%	98,712	111,266	-11.3%
Mercedes-Benz	5,156	7,058	-26.9%	63,799	66,809	-4.5%
Total	265,954	282,316	-5.8%	3,479,086	3,300,876	5.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)
 

Flash report, November 2024

Dec 9, 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.

Mexican auto production increase 6.7% in November 2024
OEMs built 351,535 light vehicles in Mexico in November 2024, resulting in a 6.7% increase compared to the 329,345 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI).
OEMs with production increases in November included GM with an increase of 17.3% to 81,364 units; Nissan with an increase of 8.4% to 60,779 units; Kia with an increase of 10.7% to 24,900 units; Toyota with an increase of 149.7% to 24,838 units; Honda with an increase of 33.4% to 22,366 units; Mazda with an increase of 1.6% to 18,870 units and JAC with an increase of 21.5% to 2,939 units.
OEMs whose production declined in November compared to the previous year are Mercedes-Benz with a decrease of 37.6% to 3,063 units; Audi with a decrease of 21.7% to 10,989 units; BMW Group with a decrease of 16.7% to 9,069 units; VW with a decrease of 16.3% to 29,255 units; Chrysler with a decrease of 9.2% to 34,841 units and Ford with a decrease of 7.4% to 28,262 units.

Mexico - Production/Export of vehicles

	Nov. 2024	Nov. 2023	Y-o-Y	Jan.-Nov. 2024	Jan.-Nov. 2023	Y-o-Y
Production
Passenger Cars	81,766	84,714	-3.5%	898,251	850,901	5.6%
Light Trucks (Pickup Truck, SUV)	269,769	244,631	10.3%	2,866,239	2,712,338	5.7%
Total	351,535	329,345	6.7%	3,764,490	3,563,239	5.6%
Export
Passenger Cars	54,520	51,499	5.9%	636,009	557,037	14.2%
Light Trucks	234,789	229,799	2.2%	2,577,123	2,461,523	4.7%
Total	289,309	281,298	2.8%	3,213,132	3,018,560	6.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Nov.	Share	Nov.	Share		Jan.-Nov.	Share	Jan.-Nov.	Share
GM	81,364	23.1%	69,376	21.1%	17.3%	789,033	21.0%	680,321	19.1%	16.0%
Nissan	60,779	17.3%	56,075	17.0%	8.4%	636,145	16.9%	579,960	16.3%	9.7%
Chrysler	34,841	9.9%	38,380	11.7%	-9.2%	393,322	10.4%	435,917	12.2%	-9.8%
Volkswagen	29,255	8.3%	34,964	10.6%	-16.3%	369,460	9.8%	334,403	9.4%	10.5%
Ford Motor	28,262	8.0%	30,511	9.3%	-7.4%	364,401	9.7%	337,967	9.5%	7.8%
Kia	24,900	7.1%	22,500	6.8%	10.7%	250,800	6.7%	239,100	6.7%	4.9%
Toyota	24,838	7.1%	9,949	3.0%	149.7%	226,508	6.0%	248,439	7.0%	-8.8%
Honda	22,366	6.4%	16,771	5.1%	33.4%	227,773	6.1%	156,094	4.4%	45.9%
Mazda	18,870	5.4%	18,568	5.6%	1.6%	195,657	5.2%	188,510	5.3%	3.8%
Audi	10,989	3.1%	14,030	4.3%	-21.7%	137,507	3.7%	167,371	4.7%	-17.8%
BMW	9,069	2.6%	10,891	3.3%	-16.7%	95,151	2.5%	111,478	3.1%	-14.6%
Mercedes-Benz	3,063	0.9%	4,911	1.5%	-37.6%	55,648	1.5%	63,257	1.8%	-12.0%
JAC	2,939	0.8%	2,419	0.7%	21.5%	23,085	0.6%	20,422	0.6%	13.0%
Total	351,535	100.0%	329,345	100.0%	6.7%	3,764,490	100.0%	3,563,239	100.0%	5.6%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Nov. 2024	Nov. 2023	Y-o-Y	Jan.-Nov. 2024	Jan.-Nov. 2023	Y-o-Y
GM	75,319	69,890	7.8%	763,126	649,179	17.6%
Nissan	37,390	26,771	39.7%	421,407	332,376	26.8%
Chrysler	30,749	36,749	-16.3%	326,233	378,220	-13.7%
Toyota	26,905	18,375	46.4%	224,591	259,024	-13.3%
Volkswagen	25,454	33,793	-24.7%	308,851	284,105	8.7%
Honda	21,083	15,887	32.7%	213,673	140,222	52.4%
Kia	19,741	15,902	24.1%	190,873	179,300	6.5%
Ford Motor	17,808	24,758	-28.1%	349,848	338,438	3.4%
Mazda	13,139	10,164	29.3%	131,241	135,660	-3.3%
Audi	11,487	13,435	-14.5%	134,495	162,670	-17.3%
BMW	7,171	10,930	-34.4%	90,151	99,615	-9.5%
Mercedes-Benz	3,063	4,644	-34.0%	58,643	59,751	-1.9%
Total	289,309	281,298	2.8%	3,213,132	3,018,560	6.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, October 2024

Nov 7, 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.

Mexican auto production increases 1.1% in October 2024
OEMs built 382,101 light vehicles in Mexico in October 2024, resulting in a 1.1% increase compared to the 378,129 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI).
OEMs with production increases in October included Nissan with an increase of 12.0% to 70,382 units; Ford with an increase of 47.7% to 36,358 units; Kia with an increase of 25.0% to 28,750 units; Toyota with an increase of 2.0% to 27,112 units; Honda with an increase of 37.2% to 24,425 units and Mazda with an increase of 10.7% to 21,175 units.
OEMs whose production declined in October compared to the previous year included Mercedes with a decrease of 26.6% to 3,983 units; Chrysler with a decrease of 26.1% to 32,196 units; VW with a decrease of 24.3% to 34,415 units; Audi with a decrease of 18.2% to 13,358 units; BMW Group with a decrease of 13.7% to 10,376 units;  JAC with a decrease of 5.1% to 2,207 units and GM with a decrease of 2.2% to 77,364 units.

Mexico - Production/Export of vehicles

	Oct. 2024	Oct. 2023	Y-o-Y	Jan.-Oct. 2024	Jan.-Oct. 2023	Y-o-Y
Production
Passenger Cars	96,373	91,716	5.1%	816,485	766,187	6.6%
Light Trucks (Pickup Truck, SUV)	285,728	286,413	-0.2%	2,596,470	2,467,707	5.2%
Total	382,101	378,129	1.1%	3,412,955	3,233,894	5.5%
Export
Passenger Cars	62,393	62,238	0.2%	581,489	505,538	15.0%
Light Trucks	269,963	254,183	6.2%	2,342,334	2,231,724	5.0%
Total	332,356	316,421	5.0%	2,923,823	2,737,262	6.8%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Oct.	Share	Oct.	Share		Jan.-Oct.	Share	Jan.-Oct.	Share
GM	77,364	20.2%	79,089	20.9%	-2.2%	707,669	20.7%	610,945	18.9%	15.8%
Nissan	70,382	18.4%	62,835	16.6%	12.0%	575,366	16.9%	523,885	16.2%	9.8%
Ford Motor	36,358	9.5%	24,615	6.5%	47.7%	336,139	9.8%	307,456	9.5%	9.3%
Volkswagen	34,415	9.0%	45,450	12.0%	-24.3%	340,205	10.0%	299,439	9.3%	13.6%
Chrysler	32,196	8.4%	43,539	11.5%	-26.1%	358,481	10.5%	397,537	12.3%	-9.8%
Kia	28,750	7.5%	23,000	6.1%	25.0%	225,900	6.6%	216,600	6.7%	4.3%
Toyota	27,112	7.1%	26,573	7.0%	2.0%	201,670	5.9%	238,490	7.4%	-15.4%
Honda	24,425	6.4%	17,802	4.7%	37.2%	205,407	6.0%	139,323	4.3%	47.4%
Mazda	21,175	5.5%	19,122	5.1%	10.7%	176,787	5.2%	169,942	5.3%	4.0%
Audi	13,358	3.5%	16,333	4.3%	-18.2%	126,518	3.7%	153,341	4.7%	-17.5%
BMW	10,376	2.7%	12,023	3.2%	-13.7%	86,082	2.5%	100,587	3.1%	-14.4%
Mercedes-Benz	3,983	1.0%	5,423	1.4%	-26.6%	52,585	1.5%	58,346	1.8%	-9.9%
JAC	2,207	0.6%	2,325	0.6%	-5.1%	20,146	0.6%	18,003	0.6%	11.9%
Total	382,101	100.0%	378,129	100.0%	1.1%	3,412,955	100.0%	3,233,894	100.0%	5.5%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Oct. 2024	Oct. 2023	Y-o-Y	Jan.-Oct. 2024	Jan.-Oct. 2023	Y-o-Y
GM	78,580	69,674	12.8%	687,807	579,289	18.7%
Nissan	44,907	35,642	26.0%	384,017	305,605	25.7%
Ford Motor	34,865	40,115	-13.1%	332,040	313,680	5.9%
Volkswagen	30,741	34,079	-9.8%	283,397	250,312	13.2%
Toyota	27,132	27,749	-2.2%	197,686	240,649	-17.9%
Chrysler	25,666	26,235	-2.2%	295,484	341,471	-13.5%
Honda	22,611	16,231	39.3%	192,590	124,335	54.9%
Kia	21,901	16,777	30.5%	171,132	163,398	4.7%
Audi	17,388	13,657	27.3%	123,008	149,235	-17.6%
Mazda	13,793	13,226	4.3%	118,102	125,496	-5.9%
BMW	9,722	17,777	-45.3%	82,980	88,685	-6.4%
Mercedes-Benz	5,050	5,259	-4.0%	55,580	55,107	0.9%
Total	332,356	316,421	5.0%	2,923,823	2,737,262	6.8%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, September 2024

Oct 7, 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.

Mexican auto production increase 11.7% in September 2024
OEMs built 378,583 light vehicles in Mexico in September 2024, resulting in a 11.7% increase compared to the 338,899 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI).
OEMs with production increases in September included GM with an increase of 37.0% to 92,000 units; Nissan with an increase of 15.9% to 57,683 units; Chrysler with an increase of 2.4% to 38,120 units; VW with an increase of 12.1% to 35,489 units; Kia with an increase of 12.1% to 25,110 units; Mazda with an increase of 6.7% to 17,223 units; Honda with an increase of 56.7% to 21,764 units; Audi with an increase of 4.5% to 15,647 units; and JAC with an increase of 10.2% to 2,060 units.
OEMs whose production declined in September compared to the previous year are Mercedes-Benz with a decrease of 43.4% to 3,597 units; BMW Group with a decrease of 30.6% to 8,723 units; Ford with a decrease of 8.8% to 36,564 units; and Toyota with a decrease of 0.9% to 24,603 units.

Mexico - Production/Export of vehicles

	Sep. 2024	Sep. 2023	Y-o-Y	Jan.-Sep. 2024	Jan.-Sep. 2023	Y-o-Y
Production
Passenger Cars	79,449	69,287	14.7%	720,112	674,471	6.8%
Light Trucks (Pickup Truck, SUV)	299,134	269,612	10.9%	2,310,743	2,181,294	5.9%
Total	378,583	338,899	11.7%	3,030,855	2,855,765	6.1%
Export
Passenger Cars	60,241	51,554	16.9%	519,096	443,300	17.1%
Light Trucks	255,465	249,787	2.3%	2,072,371	1,977,541	4.8%
Total	315,706	301,341	4.8%	2,591,467	2,420,841	7.0%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Sep.	Share	Sep.	Share		Jan.-Sep.	Share	Jan.-Sep.	Share
GM	92,000	24.3%	67,143	19.8%	37.0%	630,305	20.8%	531,856	18.6%	18.5%
Nissan	57,683	15.2%	49,749	14.7%	15.9%	504,984	16.7%	461,050	16.1%	9.5%
Chrysler	38,120	10.1%	37,242	11.0%	2.4%	326,285	10.8%	353,998	12.4%	-7.8%
Ford Motor	36,564	9.7%	40,085	11.8%	-8.8%	299,781	9.9%	282,841	9.9%	6.0%
Volkswagen	35,489	9.4%	31,670	9.3%	12.1%	305,790	10.1%	253,989	8.9%	20.4%
Kia	25,110	6.6%	22,400	6.6%	12.1%	197,150	6.5%	193,600	6.8%	1.8%
Toyota	24,603	6.5%	24,818	7.3%	-0.9%	174,559	5.8%	211,917	7.4%	-17.6%
Honda	21,764	5.7%	13,892	4.1%	56.7%	180,982	6.0%	121,521	4.3%	48.9%
Mazda	17,223	4.5%	16,135	4.8%	6.7%	155,612	5.1%	150,820	5.3%	3.2%
Audi	15,647	4.1%	14,973	4.4%	4.5%	113,160	3.7%	137,008	4.8%	-17.4%
BMW	8,723	2.3%	12,566	3.7%	-30.6%	75,706	2.5%	88,564	3.1%	-14.5%
Mercedes-Benz	3,597	1.0%	6,357	1.9%	-43.4%	48,602	1.6%	52,923	1.9%	-8.2%
JAC	2,060	0.5%	1,869	0.6%	10.2%	17,939	0.6%	15,678	0.5%	14.4%
Total	378,583	100.0%	338,899	100.0%	11.7%	3,030,855	100.0%	2,855,765	100.0%	6.1%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Sep. 2024	Sep. 2023	Y-o-Y	Jan.-Sep. 2024	Jan.-Sep. 2023	Y-o-Y
GM	76,339	61,703	23.7%	609,227	509,615	19.5%
Nissan	44,637	22,691	96.7%	339,110	269,963	25.6%
Ford Motor	36,452	38,586	-5.5%	297,175	273,565	8.6%
Chrysler	29,793	38,074	-21.7%	269,818	315,236	-14.4%
Volkswagen	28,920	35,193	-17.8%	252,656	216,233	16.8%
Toyota	24,958	25,651	-2.7%	170,554	212,900	-19.9%
Honda	20,911	16,063	30.2%	169,979	108,104	57.2%
Kia	19,521	17,804	9.6%	149,231	146,621	1.8%
Audi	12,766	16,344	-21.9%	105,620	135,578	-22.1%
BMW	8,302	11,876	-30.1%	73,258	70,908	3.3%
Mazda	7,330	13,653	-46.3%	104,309	112,270	-7.1%
Mercedes-Benz	5,777	3,703	56.0%	50,530	49,848	1.4%
Total	315,706	301,341	4.8%	2,591,467	2,420,841	7.0%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, August 2024

Sep 9, 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.

Mexican auto production increase 8.3% in August 2024
OEMs built 352,615 light vehicles in Mexico in August 2024, resulting in an 8.3% increase compared to the 325,683 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI).
OEMs with production increases in August included Nissan with an increase of 7.6% to 64,449 units; GM with an increase of 8.6% to 58,356 units; VW with an increase of 8.1% to 37,902 units; Ford with an increase of 40.4% to 36,018 units; Kia with an increase of 10.2% to 26,990 units; Toyota with an increase of 3.0% to 26,500 units; Mazda with an increase of 32.8% to 18,850 units; Honda with an increase of 36.3% to 18,839 units; and Mercedes Benz with an increase of 5.0% to 6,075 units.
OEMs whose production declined in August compared to the previous year are BMW Group with a decrease of 19.2% to 7,527 units; Audi with a decrease of 17.0% to 9,964 units; Chrysler with a decrease of 10.9% to 39,432 units; and JAC with a decrease of 1.6% to 1,713 units.
Cumulative production for the eight months of the year were up 5.3% y/y to 2,651,060 units.

Mexico - Production/Export of vehicles

	Aug. 2024	Aug. 2023	Y-o-Y	Jan.-Aug. 2024	Jan.-Aug. 2023	Y-o-Y
Production
Passenger Cars	87,708	86,918	0.9%	640,663	605,184	5.9%
Light Trucks (Pickup Truck, SUV)	264,907	238,765	10.9%	2,010,397	1,911,682	5.2%
Total	352,615	325,683	8.3%	2,651,060	2,516,866	5.3%
Export
Passenger Cars	48,890	59,812	-18.3%	458,855	391,746	17.1%
Light Trucks	243,780	228,033	6.9%	1,816,906	1,727,754	5.2%
Total	292,670	287,845	1.7%	2,275,761	2,119,500	7.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Aug.	Share	Aug.	Share		Jan.-Aug.	Share	Jan.-Aug.	Share
Nissan	64,449	18.3%	59,903	18.4%	7.6%	447,301	16.9%	411,301	16.3%	8.8%
GM	58,356	16.5%	53,743	16.5%	8.6%	538,305	20.3%	464,713	18.5%	15.8%
Chrysler	39,432	11.2%	44,234	13.6%	-10.9%	288,000	10.9%	316,756	12.6%	-9.1%
Volkswagen	37,902	10.7%	35,054	10.8%	8.1%	270,301	10.2%	222,319	8.8%	21.6%
Ford Motor	36,018	10.2%	25,661	7.9%	40.4%	263,217	9.9%	242,756	9.6%	8.4%
Kia	26,990	7.7%	24,500	7.5%	10.2%	172,040	6.5%	171,200	6.8%	0.5%
Toyota	26,500	7.5%	25,728	7.9%	3.0%	149,956	5.7%	187,099	7.4%	-19.9%
Mazda	18,850	5.3%	14,199	4.4%	32.8%	138,389	5.2%	134,685	5.4%	2.8%
Honda	18,839	5.3%	13,818	4.2%	36.3%	159,218	6.0%	107,629	4.3%	47.9%
Audi	9,964	2.8%	12,002	3.7%	-17.0%	97,513	3.7%	122,035	4.8%	-20.1%
BMW	7,527	2.1%	9,313	2.9%	-19.2%	66,983	2.5%	75,998	3.0%	-11.9%
Mercedes-Benz	6,075	1.7%	5,788	1.8%	5.0%	43,958	1.7%	46,566	1.9%	-5.6%
JAC	1,713	0.5%	1,740	0.5%	-1.6%	15,879	0.6%	13,809	0.5%	15.0%
Total	352,615	100.0%	325,683	100.0%	8.3%	2,651,060	100.0%	2,516,866	100.0%	5.3%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Aug. 2024	Aug. 2023	Y-o-Y	Jan.-Aug. 2024	Jan.-Aug. 2023	Y-o-Y
GM	74,693	57,977	28.8%	532,888	447,912	19.0%
Volkswagen	35,055	35,222	-0.5%	223,736	181,040	23.6%
Ford Motor	30,823	29,440	4.7%	260,723	234,979	11.0%
Nissan	27,946	35,053	-20.3%	294,473	247,272	19.1%
Toyota	25,629	26,576	-3.6%	145,596	187,249	-22.2%
Chrysler	24,679	27,680	-10.8%	240,025	277,162	-13.4%
Kia	21,034	17,928	17.3%	129,710	128,817	0.7%
Honda	19,987	17,111	16.8%	149,068	92,041	62.0%
Audi	12,557	10,208	23.0%	92,854	119,234	-22.1%
Mazda	10,057	12,149	-17.2%	96,979	98,617	-1.7%
BMW	5,924	12,437	-52.4%	64,956	59,032	10.0%
Mercedes-Benz	4,286	6,064	-29.3%	44,753	46,145	-3.0%
Total	292,670	287,845	1.7%	2,275,761	2,119,500	7.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, July 2024

Aug 7, 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.

Mexican auto production increases 2.7% in July 2024
OEMs built 302,309 light vehicles in Mexico in July 2024, resulting in a 2.7% increase compared to the 294,350 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI).
OEMs with production increases in July included GM with an increase of 45.3% to 66,138 units; Honda with an increase of 60.2% to 24,813 units; JAC with an increase of 25.5% to 2,074 units; Kia with an increase of 25.4% to 21,200 units; Audi with an increase of 23.8% to 17,359 units; and Toyota with an increase of 1.7% to 20,191 units.
OEMs whose production declined in July compared to the previous year are Ford with a decrease of 43.2% to 19,451 units; BMW Group with a decrease of 31.6% to 8,237 units; Chrysler with a decrease of 12.0% to 27,331 units; Nissan with a decrease of 11.0% to 42,494 units; Mazda with a decrease of 5.8% to 15,728 units; Mercedes with a decrease of 5.5% to 7,088 units; and VW with a decrease of 4.5% to 30,205 units.
Cumulative production for the seven months of the year were up 4.9% y/y to 2,298,445 units.

Mexico - Production/Export of vehicles

	Jul. 2024	Jul. 2023	Y-o-Y	Jan.-Jul. 2024	Jan.-Jul. 2023	Y-o-Y
Production
Passenger Cars	63,472	74,371	-14.7%	552,955	518,266	6.7%
Light Trucks (Pickup Truck, SUV)	238,837	219,979	8.6%	1,745,490	1,672,917	4.3%
Total	302,309	294,350	2.7%	2,298,445	2,191,183	4.9%
Export
Passenger Cars	46,029	50,074	-8.1%	409,965	331,934	23.5%
Light Trucks	225,440	225,691	-0.1%	1,576,298	1,499,721	5.1%
Total	271,469	275,765	-1.6%	1,986,263	1,831,655	8.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Jul.	Share	Jul.	Share		Jan.-Jul.	Share	Jan.-Jul.	Share
GM	66,138	21.9%	45,508	15.5%	45.3%	479,949	20.9%	410,970	18.8%	16.8%
Nissan	42,494	14.1%	47,764	16.2%	-11.0%	382,852	16.7%	351,398	16.0%	9.0%
Volkswagen	30,205	10.0%	31,627	10.7%	-4.5%	232,399	10.1%	187,265	8.5%	24.1%
Chrysler	27,331	9.0%	31,069	10.6%	-12.0%	248,568	10.8%	272,522	12.4%	-8.8%
Honda	24,813	8.2%	15,489	5.3%	60.2%	140,379	6.1%	93,811	4.3%	49.6%
Kia	21,200	7.0%	16,900	5.7%	25.4%	145,050	6.3%	146,700	6.7%	-1.1%
Toyota	20,191	6.7%	19,863	6.7%	1.7%	123,456	5.4%	161,371	7.4%	-23.5%
Ford Motor	19,451	6.4%	34,221	11.6%	-43.2%	227,199	9.9%	217,095	9.9%	4.7%
Audi	17,359	5.7%	14,026	4.8%	23.8%	87,549	3.8%	110,033	5.0%	-20.4%
Mazda	15,728	5.2%	16,688	5.7%	-5.8%	119,539	5.2%	120,486	5.5%	-0.8%
BMW	8,237	2.7%	12,044	4.1%	-31.6%	59,456	2.6%	66,685	3.0%	-10.8%
Mercedes-Benz	7,088	2.3%	7,498	2.5%	-5.5%	37,883	1.6%	40,778	1.9%	-7.1%
JAC	2,074	0.7%	1,653	0.6%	25.5%	14,166	0.6%	12,069	0.6%	17.4%
Total	302,309	100.0%	294,350	100.0%	2.7%	2,298,445	100.0%	2,191,183	100.0%	4.9%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Jul. 2024	Jul. 2023	Y-o-Y	Jan.-Jul. 2024	Jan.-Jul. 2023	Y-o-Y
GM	57,157	46,784	22.2%	458,195	389,935	17.5%
Nissan	28,104	33,958	-17.2%	266,527	212,219	25.6%
Ford Motor	26,794	38,061	-29.6%	229,900	205,539	11.9%
Chrysler	26,134	30,669	-14.8%	215,346	249,482	-13.7%
Honda	25,595	15,121	69.3%	129,081	74,930	72.3%
Volkswagen	23,492	29,111	-19.3%	188,681	145,818	29.4%
Toyota	23,465	22,325	5.1%	123,139	160,673	-23.4%
Kia	15,905	14,314	11.1%	108,676	110,889	-2.0%
Audi	15,016	18,999	-21.0%	80,297	109,026	-26.4%
BMW	11,661	5,807	100.8%	59,032	46,595	26.7%
Mazda	10,756	11,689	-8.0%	86,922	86,468	0.5%
Mercedes-Benz	7,390	8,927	-17.2%	40,467	40,081	1.0%
Total	271,469	275,765	-1.6%	1,986,263	1,831,655	8.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, June 2024

Jul 10, 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.

Mexican auto production increases 3.8% in June 2024
OEMs built 344,206 light vehicles in Mexico in June 2024, resulting in a 3.8% increase compared to the 331,707 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI).
OEMs with production increases in June included GM with an increase of 38.8% to 66,126 units; Mercedes-Benz with an increase of 14.2% to 5,591 units; Chrysler with an increase of 14.0% to 36,117 units; Honda with an increase of 29.5% to 20,658 units; Ford with an increase of 0.5% to 38,379 units; and Nissan with an increase of 0.3% to 60,471 units.
OEMs whose production declined in June compared to the previous year BMW Group with a decrease of 29.7% to 8,596 units; JAC with a decrease of 23.6% to 1,258 units; Toyota with a decrease of 14.2% to 21,742 units; Kia with a decrease of 12.2% to 20,900 units; VW with a decrease of 11.1% to 32,932 units; Mazda with a decrease of 5.8% to 15,433 units; and Audi with a decrease of 3.5% to 16,003 units.

Mexico - Production/Export of vehicles

	Jun. 2024	Jun. 2023	Y-o-Y	Jan.-Jun. 2024	Jan.-Jun. 2023	Y-o-Y
Production
Passenger Cars	79,290	88,116	-10.0%	489,483	443,895	10.3%
Light Trucks (Pickup Truck, SUV)	264,916	243,591	8.8%	1,506,653	1,452,938	3.7%
Total	344,206	331,707	3.8%	1,996,136	1,896,833	5.2%
Export
Passenger Cars	57,516	57,828	-0.5%	363,936	281,860	29.1%
Light Trucks	238,226	228,463	4.3%	1,357,916	1,274,030	6.6%
Total	295,742	286,291	3.3%	1,721,852	1,555,890	10.7%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Jun.	Share	Jun.	Share		Jan.-Jun.	Share	Jan.-Jun.	Share
GM	66,126	19.2%	47,655	14.4%	38.8%	413,811	20.7%	365,462	19.3%	13.2%
Nissan	60,471	17.6%	60,282	18.2%	0.3%	340,358	17.1%	303,634	16.0%	12.1%
Ford Motor	38,379	11.2%	38,207	11.5%	0.5%	207,748	10.4%	182,874	9.6%	13.6%
Chrysler	36,117	10.5%	31,686	9.6%	14.0%	221,237	11.1%	241,453	12.7%	-8.4%
Volkswagen	32,932	9.6%	37,049	11.2%	-11.1%	202,194	10.1%	155,638	8.2%	29.9%
Toyota	21,742	6.3%	25,346	7.6%	-14.2%	103,265	5.2%	141,508	7.5%	-27.0%
Kia	20,900	6.1%	23,800	7.2%	-12.2%	123,850	6.2%	129,800	6.8%	-4.6%
Honda	20,658	6.0%	15,951	4.8%	29.5%	115,566	5.8%	78,322	4.1%	47.6%
Audi	16,003	4.6%	16,578	5.0%	-3.5%	70,190	3.5%	96,007	5.1%	-26.9%
Mazda	15,433	4.5%	16,390	4.9%	-5.8%	103,811	5.2%	103,798	5.5%	0.0%
BMW	8,596	2.5%	12,221	3.7%	-29.7%	51,219	2.6%	54,641	2.9%	-6.3%
Mercedes-Benz	5,591	1.6%	4,895	1.5%	14.2%	30,795	1.5%	33,280	1.8%	-7.5%
JAC	1,258	0.4%	1,647	0.5%	-23.6%	12,092	0.6%	10,416	0.5%	16.1%
Total	344,206	100.0%	331,707	100.0%	3.8%	1,996,136	100.0%	1,896,833	100.0%	5.2%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Jun. 2024	Jun. 2023	Y-o-Y	Jan.-Jun. 2024	Jan.-Jun. 2023	Y-o-Y
GM	46,246	68,299	-32.3%	401,038	343,151	16.9%
Nissan	41,941	36,309	15.5%	238,423	178,261	33.7%
Ford Motor	37,298	33,888	10.1%	203,106	167,478	21.3%
Volkswagen	31,179	20,463	52.4%	165,189	116,707	41.5%
Chrysler	30,455	33,174	-8.2%	189,212	218,813	-13.5%
Toyota	28,501	24,520	16.2%	106,732	138,348	-22.9%
Honda	22,090	6,949	217.9%	103,486	59,809	73.0%
Audi	17,085	15,135	12.9%	65,281	90,027	-27.5%
Kia	16,279	17,850	-8.8%	92,771	96,575	-3.9%
Mazda	12,482	14,128	-11.7%	76,166	74,779	1.9%
BMW	7,066	10,651	-33.7%	47,371	40,788	16.1%
Mercedes-Benz	5,120	4,925	4.0%	33,077	31,154	6.2%
Total	295,742	286,291	3.3%	1,721,852	1,555,890	10.7%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, May 2024

Jun 7, 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.

Mexican auto production increase 4.9% in May 2024
OEMs built 365,574 light vehicles in Mexico in May 2024, resulting in a 4.9% increase compared to the 348,399 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI).
OEMs with production increases in May included VW with an increase of 51.7% to 33,783 units; Mazda with an increase of 23.7% to 18,572 units; Honda with an increase of 20.9% to 17,797 units; JAC with an increase of 14.1% to 1,866 units; Nissan with an increase of 7.5% to 60,881 units; Chrysler with an increase of 2.4% to 41,505 units; Kia with an increase of 2.2% to 23,500 units; GM with an increase of 2.0% to 70,691 units; and Ford with an increase of 1.8% to 41,181 units.
OEMs whose production declined in May compared to the previous year BMW Group with a decrease of 21.3% to 9,547 units; Mercedes with a decrease of 20.3% to 5,045 units; Toyota with a decrease of 14.0% to 23,732 units; and Audi with a decrease of 6.7% to 17,474 units.

Mexico - Production/Export of vehicles

	May 2024	May 2023	Y-o-Y	Jan.-May 2024	Jan.-May 2023	Y-o-Y
Production
Passenger Cars	92,848	81,606	13.8%	410,193	355,779	15.3%
Light Trucks (Pickup Truck, SUV)	272,726	266,793	2.2%	1,241,737	1,209,347	2.7%
Total	365,574	348,399	4.9%	1,651,930	1,565,126	5.5%
Export
Passenger Cars	61,831	53,438	15.7%	306,420	224,032	36.8%
Light Trucks	248,824	221,520	12.3%	1,119,690	1,045,567	7.1%
Total	310,655	274,958	13.0%	1,426,110	1,269,599	12.3%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	May	Share	May	Share		Jan.-May	Share	Jan.-May	Share
GM	70,691	19.3%	69,327	19.9%	2.0%	361,203	21.9%	317,807	20.3%	13.7%
Nissan	60,881	16.7%	56,659	16.3%	7.5%	279,887	16.9%	243,352	15.5%	15.0%
Chrysler	41,505	11.4%	40,521	11.6%	2.4%	185,120	11.2%	209,767	13.4%	-11.7%
Ford Motor	41,181	11.3%	40,463	11.6%	1.8%	169,369	10.3%	144,667	9.2%	17.1%
Volkswagen	33,783	9.2%	22,272	6.4%	51.7%	169,262	10.2%	118,589	7.6%	42.7%
Toyota	23,732	6.5%	27,593	7.9%	-14.0%	81,523	4.9%	116,162	7.4%	-29.8%
Kia	23,500	6.4%	23,000	6.6%	2.2%	102,950	6.2%	106,000	6.8%	-2.9%
Mazda	18,572	5.1%	15,013	4.3%	23.7%	88,378	5.3%	87,408	5.6%	1.1%
Honda	17,797	4.9%	14,721	4.2%	20.9%	81,390	4.9%	62,371	4.0%	30.5%
Audi	17,474	4.8%	18,725	5.4%	-6.7%	54,187	3.3%	79,429	5.1%	-31.8%
BMW	9,547	2.6%	12,137	3.5%	-21.3%	42,623	2.6%	42,420	2.7%	0.5%
Mercedes-Benz	5,045	1.4%	6,333	1.8%	-20.3%	25,204	1.5%	28,385	1.8%	-11.2%
JAC	1,866	0.5%	1,635	0.5%	14.1%	10,834	0.7%	8,769	0.6%	23.5%
Total	365,574	100.0%	348,399	100.0%	4.9%	1,651,930	100.0%	1,565,126	100.0%	5.5%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	May 2024	May 2023	Y-o-Y	Jan.-May 2024	Jan.-May 2023	Y-o-Y
GM	85,753	59,144	45.0%	354,792	274,852	29.1%
Ford Motor	40,658	35,015	16.1%	165,808	133,590	24.1%
Chrysler	33,501	31,891	5.0%	158,757	185,639	-14.5%
Nissan	32,914	28,102	17.1%	196,482	141,952	38.4%
Volkswagen	24,683	21,798	13.2%	134,010	96,244	39.2%
Toyota	22,530	27,229	-17.3%	78,231	113,828	-31.3%
Audi	17,302	17,314	-0.1%	48,196	74,892	-35.6%
Kia	16,923	17,316	-2.3%	76,492	78,725	-2.8%
Honda	14,028	10,375	35.2%	81,396	52,860	54.0%
BMW	9,389	8,742	7.4%	40,305	30,137	33.7%
Mazda	9,298	12,998	-28.5%	63,684	60,651	5.0%
Mercedes-Benz	3,676	5,034	-27.0%	27,957	26,229	6.6%
Total	310,655	274,958	13.0%	1,426,110	1,269,599	12.3%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, April 2024

May 8, 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.

Mexican auto production increases 21.7% in April 2024
OEMs built 358,575 light vehicles in Mexico in April 2024, resulting in a 21.7% increase compared to the 294,550 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI).
OEMs with production increases in April included JAC with an increase of 85.5% to 2,613 units; Nissan with an increase of 51.9% to 55,892 units; VW with an increase of 39.4% to 36,012 units; GM with an increase of 36.5% to 82,038 units; Kia with an increase of 30.1% to 24,200 units; Ford with an increase of 29.5% to 38,392 units; Mazda with an increase of 24.0% to 17,496 units; and Honda with an increase of 18.1% to 13,635 units.
OEMs whose production declined in April compared to the previous year included Mercedes Benz with a decrease of 27.3% to 4,742 units; BMW Group with a decrease of 26.0% to 7,246 units; Toyota with a decrease of 10.2% to 21,461 units; Audi with a decrease of 4.0% to 15,341 units; and Chrysler with a decrease of 2.0% to 39,507 units.
Cumulative production for the four months of the year were up 5.7% y/y to 1,286,356 units.

Mexico - Production/Export of vehicles

	Apr. 2024	Apr. 2023	Y-o-Y	Jan.-Apr. 2024	Jan.-Apr. 2023	Y-o-Y
Production
Passenger Cars	91,399	63,863	43.1%	317,345	274,173	15.7%
Light Trucks (Pickup Truck, SUV)	267,176	230,687	15.8%	969,011	942,554	2.8%
Total	358,575	294,550	21.7%	1,286,356	1,216,727	5.7%
Export
Passenger Cars	60,667	41,130	47.5%	244,589	170,594	43.4%
Light Trucks	229,089	212,205	8.0%	870,866	824,047	5.7%
Total	289,756	253,335	14.4%	1,115,455	994,641	12.1%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Apr.	Share	Apr.	Share		Jan.-Apr.	Share	Jan.-Apr.	Share
GM	82,038	22.9%	60,102	20.4%	36.5%	290,512	22.6%	248,480	20.4%	16.9%
Nissan	55,892	15.6%	36,785	12.5%	51.9%	219,006	17.0%	186,693	15.3%	17.3%
Chrysler	39,507	11.0%	40,332	13.7%	-2.0%	143,615	11.2%	169,246	13.9%	-15.1%
Ford Motor	38,392	10.7%	29,649	10.1%	29.5%	128,188	10.0%	104,204	8.6%	23.0%
Volkswagen	36,012	10.0%	25,835	8.8%	39.4%	135,479	10.5%	96,317	7.9%	40.7%
Kia	24,200	6.7%	18,600	6.3%	30.1%	79,450	6.2%	83,000	6.8%	-4.3%
Toyota	21,461	6.0%	23,889	8.1%	-10.2%	57,791	4.5%	88,569	7.3%	-34.8%
Mazda	17,496	4.9%	14,106	4.8%	24.0%	69,806	5.4%	72,395	5.9%	-3.6%
Audi	15,341	4.3%	15,984	5.4%	-4.0%	36,713	2.9%	60,704	5.0%	-39.5%
Honda	13,635	3.8%	11,547	3.9%	18.1%	63,593	4.9%	47,650	3.9%	33.5%
BMW	7,246	2.0%	9,791	3.3%	-26.0%	33,076	2.6%	30,283	2.5%	9.2%
Mercedes-Benz	4,742	1.3%	6,521	2.2%	-27.3%	20,159	1.6%	22,052	1.8%	-8.6%
JAC	2,613	0.7%	1,409	0.5%	85.5%	8,968	0.7%	7,134	0.6%	25.7%
Total	358,575	100.0%	294,550	100.0%	21.7%	1,286,356	100.0%	1,216,727	100.0%	5.7%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Apr. 2024	Apr. 2023	Y-o-Y	Jan.-Apr. 2024	Jan.-Apr. 2023	Y-o-Y
GM	70,283	55,244	27.2%	269,039	215,708	24.7%
Volkswagen	34,390	17,414	97.5%	109,327	74,446	46.9%
Ford Motor	31,594	26,923	17.3%	125,150	98,575	27.0%
Nissan	30,289	25,170	20.3%	163,568	113,850	43.7%
Chrysler	26,011	44,023	-40.9%	125,256	153,748	-18.5%
Toyota	22,346	22,992	-2.8%	55,701	86,599	-35.7%
Kia	17,319	13,400	29.2%	59,569	61,409	-3.0%
Honda	15,421	12,668	21.7%	67,368	42,485	58.6%
Mazda	13,376	11,780	13.5%	54,386	47,653	14.1%
Audi	12,918	12,664	2.0%	30,894	57,578	-46.3%
BMW	8,152	6,550	24.5%	30,916	21,395	44.5%
Mercedes-Benz	7,657	4,507	69.9%	24,281	21,195	14.6%
Total	289,756	253,335	14.4%	1,115,455	994,641	12.1%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, March 2024

Apr 8, 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.

Mexican auto production down 12.8% in March 2024
OEMs built 301,976 light vehicles in Mexico in March 2024, resulting in a 12.8% decrease compared to the 346,124 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI).
OEMs with production increases in March included Honda with an increase of 20.5% to 14,759 units; GM with an increase of 7.4% to 69,216 units; and Mercedes-Benz with an increase of 1.4% to 5,311 units.
OEMs whose production declined in March compared to the previous year included Chrysler with a decrease of 35.6% to 31,921 units; Mazda with a decrease of 27.5% to 16,450 units; Audi with a decrease of 25.9% to 11,558 units; Ford with a decrease of 24.7% to 24,543 units; Toyota with a decrease of 20.9% to 16,150 units; Nissan with a decrease of 12.2% to 50,810 units; Kia with a decrease of 10.9% to 19,700 units; BMW with a decrease of 6.7% to 7,815 units and VW with a decrease of 3.5% to 32,258 units.
Cumulative production for the three months of the year were up 0.6% y/y to 927,781 units.

Mexico - Production/Export of vehicles

	Mar. 2024	Mar. 2023	Y-o-Y	Jan.-Mar. 2024	Jan.-Mar. 2023	Y-o-Y
Production
Passenger Cars	74,297	80,187	-7.3%	225,946	210,310	7.4%
Light Trucks (Pickup Truck, SUV)	227,679	265,937	-14.4%	701,835	711,867	-1.4%
Total	301,976	346,124	-12.8%	927,781	922,177	0.6%
Export
Passenger Cars	64,258	52,569	22.2%	183,922	129,464	42.1%
Light Trucks	221,744	220,118	0.7%	641,049	611,842	4.8%
Total	286,002	272,687	4.9%	824,971	741,306	11.3%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Mar.	Share	Mar.	Share		Jan.-Mar.	Share	Jan.-Mar.	Share
GM	69,216	22.9%	64,447	18.6%	7.4%	208,474	22.5%	188,378	20.4%	10.7%
Nissan	50,810	16.8%	57,902	16.7%	-12.2%	163,114	17.6%	149,908	16.3%	8.8%
Volkswagen	32,258	10.7%	33,445	9.7%	-3.5%	99,467	10.7%	70,482	7.6%	41.1%
Chrysler	31,921	10.6%	49,596	14.3%	-35.6%	104,108	11.2%	128,914	14.0%	-19.2%
Ford Motor	24,543	8.1%	32,572	9.4%	-24.7%	89,796	9.7%	74,555	8.1%	20.4%
Kia	19,700	6.5%	22,100	6.4%	-10.9%	55,250	6.0%	64,400	7.0%	-14.2%
Mazda	16,450	5.4%	22,697	6.6%	-27.5%	52,310	5.6%	58,289	6.3%	-10.3%
Toyota	16,150	5.3%	20,413	5.9%	-20.9%	36,330	3.9%	64,680	7.0%	-43.8%
Honda	14,759	4.9%	12,244	3.5%	20.5%	49,958	5.4%	36,103	3.9%	38.4%
Audi	11,558	3.8%	15,607	4.5%	-25.9%	21,372	2.3%	44,720	4.8%	-52.2%
BMW	7,815	2.6%	8,377	2.4%	-6.7%	25,830	2.8%	20,492	2.2%	26.0%
Mercedes-Benz	5,311	1.8%	5,239	1.5%	1.4%	15,417	1.7%	15,531	1.7%	-0.7%
JAC	1,485	0.5%	1,485	0.4%	0.0%	6,355	0.7%	5,725	0.6%	11.0%
Total	301,976	100.0%	346,124	100.0%	-12.8%	927,781	100.0%	922,177	100.0%	0.6%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Mar. 2024	Mar. 2023	Y-o-Y	Jan.-Mar. 2024	Jan.-Mar. 2023	Y-o-Y
GM	65,797	56,927	15.6%	198,756	160,464	23.9%
Nissan	47,825	39,242	21.9%	133,279	88,680	50.3%
Chrysler	30,689	35,788	-14.2%	99,245	109,725	-9.6%
Ford Motor	29,355	27,515	6.7%	93,556	71,652	30.6%
Volkswagen	26,776	22,507	19.0%	74,937	57,032	31.4%
Toyota	17,772	22,925	-22.5%	33,355	63,607	-47.6%
Honda	15,213	10,034	51.6%	51,947	29,817	74.2%
Mazda	14,516	14,650	-0.9%	41,010	35,873	14.3%
Kia	14,000	14,999	-6.7%	42,250	48,009	-12.0%
Audi	12,516	15,928	-21.4%	17,976	44,914	-60.0%
BMW	7,160	5,983	19.7%	22,764	14,845	53.3%
Mercedes-Benz	4,383	6,189	-29.2%	15,896	16,688	-4.7%
Total	286,002	272,687	4.9%	824,971	741,306	11.3%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, February 2024

Mar 7, 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.

Mexican auto production up 7.8% in February
OEMs built 318,735 light vehicles in Mexico in February 2024, resulting in a 7.8% increase compared to the 295,787 units built in the same month of 2023, according to the National Institute of Statistics and Geography (Inegi).
OEMs with production increases in February included GM with a 6.2% increase to 71,923 units; Nissan with a 19.2% increase to 55,737 units; Volkswagen with a 73.3% increase to 37,627 units; Ford with a 55.7% increase to 30,891 units; Kia with a 0.8% increase to 19,750 units; Mazda with a 3.9% increase to 17,342 units; Honda with a 23.7% increase to 16,537 units; BMW with a 25.7% increase to 8,792 units ; and JAC with a 49.1% increase to 2,356 units.
OEMs whose production declined in February compared to the previous year included Chrysler with a 18.5% decrease to 34,570 units; Toyota with a 39.5% decrease to 12,452 units; Audi with a 57.0% decrease to 5,705 units and Mercedes-Benz with a 3.3% decrease to 5,053 units.
Cumulative production for the two months of the year were up 8.6% y/y to 625,804 units.

Mexico - Production/Export of vehicles

	Feb. 2024	Feb. 2023	Y-o-Y	Jan.-Feb. 2024	Jan.-Feb. 2023	Y-o-Y
Production
Passenger Cars	83,763	65,326	28.2%	151,649	130,123	16.5%
Light Trucks (Pickup Truck, SUV)	234,972	230,461	2.0%	474,155	445,930	6.3%
Total	318,735	295,787	7.8%	625,804	576,053	8.6%
Export
Passenger Cars	65,869	44,899	46.7%	119,664	76,895	55.6%
Light Trucks	216,739	185,585	16.8%	417,311	391,724	6.5%
Total	282,608	230,484	22.6%	536,975	468,619	14.6%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Feb.	Share	Feb.	Share		Jan.-Feb.	Share	Jan.-Feb.	Share
GM	71,923	22.6%	67,749	22.9%	6.2%	139,258	22.3%	123,931	21.5%	12.4%
Nissan	55,737	17.5%	46,769	15.8%	19.2%	112,304	17.9%	92,006	16.0%	22.1%
Volkswagen	37,627	11.8%	21,718	7.3%	73.3%	67,209	10.7%	37,037	6.4%	81.5%
Chrysler	34,570	10.8%	42,418	14.3%	-18.5%	72,187	11.5%	79,318	13.8%	-9.0%
Ford Motor	30,891	9.7%	19,843	6.7%	55.7%	65,253	10.4%	41,983	7.3%	55.4%
Kia	19,750	6.2%	19,600	6.6%	0.8%	35,550	5.7%	42,300	7.3%	-16.0%
Mazda	17,342	5.4%	16,684	5.6%	3.9%	35,860	5.7%	35,592	6.2%	0.8%
Honda	16,537	5.2%	13,364	4.5%	23.7%	35,199	5.6%	23,859	4.1%	47.5%
Toyota	12,452	3.9%	20,566	7.0%	-39.5%	20,179	3.2%	44,267	7.7%	-54.4%
BMW	8,792	2.8%	6,997	2.4%	25.7%	18,015	2.9%	12,115	2.1%	48.7%
Audi	5,705	1.8%	13,271	4.5%	-57.0%	9,814	1.6%	29,113	5.1%	-66.3%
Mercedes-Benz	5,053	1.6%	5,228	1.8%	-3.3%	10,106	1.6%	10,292	1.8%	-1.8%
JAC	2,356	0.7%	1,580	0.5%	49.1%	4,870	0.8%	4,240	0.7%	14.9%
Total	318,735	100.0%	295,787	100.0%	7.8%	625,804	100.0%	576,053	100.0%	8.6%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Feb. 2024	Feb. 2023	Y-o-Y	Jan.-Feb. 2024	Jan.-Feb. 2023	Y-o-Y
GM	68,949	50,721	35.9%	132,959	103,537	28.4%
Nissan	41,632	31,989	30.1%	85,454	49,438	72.9%
Chrysler	33,124	34,814	-4.9%	68,556	73,937	-7.3%
Ford Motor	32,595	20,200	61.4%	64,201	44,137	45.5%
Volkswagen	30,663	14,214	115.7%	48,161	34,525	39.5%
Honda	19,035	10,116	88.2%	34,740	19,783	75.6%
Kia	14,150	14,706	-3.8%	28,250	33,010	-14.4%
Mazda	13,765	12,340	11.5%	26,494	21,223	24.8%
Toyota	10,014	16,726	-40.1%	15,583	40,682	-61.7%
BMW	9,807	6,495	51.0%	15,604	8,862	76.1%
Mercedes-Benz	6,785	4,061	67.1%	11,513	10,499	9.7%
Audi	2,089	14,102	-85.2%	5,460	28,986	-81.2%
Total	282,608	230,484	22.6%	536,975	468,619	14.6%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, January 2024

Feb 8, 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.

Mexican auto production up 9.6% in January
OEMs built 307,069 light vehicles in Mexico in January 2024, resulting in a 9.6% increase compared to the 280,266 units built in the same month of 2023, according to the National Institute of Statistics and Geography (Inegi).
OEMs with production increases in January included GM with a 19.9% increase to 67,335 units; Nissan with a 25.0% increase to 56,567 units; Chrysler with a 1.9% increase to 37,617 units; Ford with a 55.2% increase to 34,362 units; Volkswagen with a 93.1% increase to 29,582 units; Honda with a 77.8% increase to 18,662 units and BMW with an 80.2% increase to 9,223 units.
OEMs whose production declined in January compared to the previous year included Mazda with a 2.1% decrease to 18,518 units; Kia with a 30.4% decrease to 15,800 units; Toyota with a 67.4% decrease to 7,727 units and Mercedes-Benz with a 0.2% decrease to 5,053 units; Audi with a 74.1% decrease to 4,109 units and JAC with a 5.5% decrease to 2,514 units.
On February 8, Mexican multiple media reported that AMIA estimated to produce more than four million vehicles in 2024, in addition to exporting between 3 million and 3.5 million units.
For the full year of 2023, Mexican production increased by 14.2% to 3,779,234 units, while exports grew by 15.2% to 3,300,876 units.

Mexico - Production/Export of vehicles

	Jan. 2024	Jan. 2023	Y-o-Y
Production
Passenger Cars	67,886	64,797	4.8%
Light Trucks (Pickup Truck, SUV)	239,183	215,469	11.0%
Total	307,069	280,266	9.6%
Export
Passenger Cars	53,795	31,996	68.1%
Light Trucks	200,572	206,139	-2.7%
Total	254,367	238,135	6.8%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Mexico - Production of vehicles (Include for exports)

Maker/Brand	2024		2023		Y-o-Y
	Jan.	Share	Jan.	Share
GM	67,335	21.9%	56,182	20.0%	19.9%
Nissan	56,567	18.4%	45,237	16.1%	25.0%
Chrysler	37,617	12.3%	36,900	13.2%	1.9%
Ford Motor	34,362	11.2%	22,140	7.9%	55.2%
Volkswagen	29,582	9.6%	15,319	5.5%	93.1%
Honda	18,662	6.1%	10,495	3.7%	77.8%
Mazda	18,518	6.0%	18,908	6.7%	-2.1%
Kia	15,800	5.1%	22,700	8.1%	-30.4%
BMW	9,223	3.0%	5,118	1.8%	80.2%
Toyota	7,727	2.5%	23,701	8.5%	-67.4%
Mercedes-Benz	5,053	1.6%	5,064	1.8%	-0.2%
Audi	4,109	1.3%	15,842	5.7%	-74.1%
JAC	2,514	0.8%	2,660	0.9%	-5.5%
Total	307,069	100.0%	280,266	100.0%	9.6%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)


Export of vehicles by make

Maker	Jan. 2024	Jan. 2023	Y-o-Y
GM	64,010	52,816	21.2%
Nissan	43,822	17,449	151.1%
Chrysler	35,432	39,123	-9.4%
Ford Motor	31,606	23,937	32.0%
Volkswagen	17,498	20,311	-13.8%
Honda	15,705	9,667	62.5%
Kia	14,100	18,304	-23.0%
Mazda	12,729	8,883	43.3%
BMW	5,797	2,367	144.9%
Toyota	5,569	23,956	-76.8%
Mercedes-Benz	4,728	6,438	-26.6%
Audi	3,371	14,884	-77.4%
Total	254,367	238,135	6.8%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)