Mexico - Automotive Sales volume, 2024

Copyright (C) MarkLines Co., Ltd. All rights reserved.

*The number of units listed is the number at the time of the announcement.


Flash report, Automotive sales volume, 2024

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

Flash report, September 2024

Oct 3, 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 vehicle sales down 1.4% in September 2024
On October 2, Mexico’s Instituto Nacional de Estadistica y Geografia (INEGI) reported sales of 116,543 light vehicles in September, representing a decrease of 1.4% from the 118,252 sales in September 2023.
Nissan sold 18,727 units in September, a decrease of 7.0% from the previous year.
Overall Volkswagen Group sales of 14,677 units in September increased 12.9% from the same month in 2023.
General Motors sold 16,197 units, an increase of 0.4% from last year.
Ford sold 3,667 units in September, a decrease of 17.5% from 2023, while Stellantis sales decreased 17.2% to 7,021 units in September.
Toyota sold 10,193 units, an increase of 16.5%, while Honda sold 3,392 units, a decrease of 16.2%, and Mazda sold 7,760 units, an increase of 14.2% from the same month last year.
Kia sales increased 3.0% to 8,002 units, while Hyundai sales decreased 14.2% to 3,992 units.
JAC sold 2,121 vehicles, a 24.5% increase from last September.
Chery and Omoda brands sales decreased 50.4% to 1,828 units, while Motornation sold 794 units of BAIC, Changan, and JMC vehicles, 1.5% more than last year.
Cumulative sales for the nine months of the year were up 10.5% y/y to 1,079,413 units.
On September 17, Scotiabank maintained its previous July forecast of 1.39 million fullyear sales in Mexico for 2024 and 1.43 million for 2025.

Sales of new vehicles by type(including import cars)

2024
Sep.
2023
Sep.
Y-o-Y 2024
Jan.-Sep.
2023
Jan.-Sep.
Y-o-Y
Cars 50,501 50,469 0.1% 461,250 428,275 7.7%
Light Trucks (Pickup Truck, SUV) 66,042 67,783 -2.6% 618,163 548,267 12.7%
Total 116,543 118,252 -1.4% 1,079,413 976,542 10.5%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV)
Maker/Brand 2024 2023 Y-o-Y 2024 2023 Y-o-Y
Sep. Share Sep. Share Jan.-Sep. Share Jan.-Sep. Share
Nissan 18,727 16.1% 20,146 17.0% -7.0% 182,988 17.0% 175,210 17.9% 4.4%
GM 16,197 13.9% 16,132 13.6% 0.4% 151,191 14.0% 131,346 13.5% 15.1%
VW Group 14,677 12.6% 13,000 11.0% 12.9% 127,188 11.8% 106,243 10.9% 19.7%
 - VW 11,490 9.9% 10,074 8.5% 14.1% 97,973 9.1% 80,090 8.2% 22.3%
 - SEAT 2,122 1.8% 1,514 1.3% 40.2% 19,518 1.8% 15,297 1.6% 27.6%
 - Audi 834 0.7% 1,249 1.1% -33.2% 7,789 0.7% 9,627 1.0% -19.1%
 - Porsche 230 0.2% 161 0.1% 42.9% 1,898 0.2% 1,216 0.1% 56.1%
 - Bentley 1 0.0% 2 0.0% -50.0% 10 0.0% 13 0.0% -23.1%
Toyota 10,193 8.7% 8,746 7.4% 16.5% 90,256 8.4% 73,827 7.6% 22.3%
Kia 8,002 6.9% 7,770 6.6% 3.0% 76,577 7.1% 69,957 7.2% 9.5%
Mazda 7,760 6.7% 6,795 5.7% 14.2% 68,980 6.4% 53,138 5.4% 29.8%
Stellantis 7,021 6.0% 8,483 7.2% -17.2% 67,591 6.3% 70,664 7.2% -4.3%
 - Chrysler *2 4,593 3.9% 6,127 5.2% -25.0% 44,386 4.1% 51,054 5.2% -13.1%
 - Peugeot 1,799 1.5% 1,248 1.1% 44.2% 14,223 1.3% 10,493 1.1% 35.5%
 - Fiat 604 0.5% 1,072 0.9% -43.7% 8,645 0.8% 8,873 0.9% -2.6%
 - Alfa Romeo 25 0.0% 36 0.0% -30.6% 337 0.0% 244 0.0% 38.1%
MG 4,823 4.1% 5,175 4.4% -6.8% 39,007 3.6% 40,497 4.1% -3.7%
Hyundai 3,992 3.4% 4,655 3.9% -14.2% 37,802 3.5% 35,237 3.6% 7.3%
Ford Motor 3,667 3.1% 4,445 3.8% -17.5% 38,738 3.6% 33,499 3.4% 15.6%
Honda 3,392 2.9% 4,047 3.4% -16.2% 31,062 2.9% 24,601 2.5% 26.3%
Suzuki 3,313 2.8% 2,849 2.4% 16.3% 32,029 3.0% 27,343 2.8% 17.1%
Renault 2,338 2.0% 3,308 2.8% -29.3% 22,073 2.0% 32,215 3.3% -31.5%
Mitsubishi 2,214 1.9% 1,440 1.2% 53.8% 17,593 1.6% 14,233 1.5% 23.6%
JAC 2,121 1.8% 1,703 1.4% 24.5% 18,082 1.7% 14,543 1.5% 24.3%
Chirey / Chery *4 1,828 1.6% 3,687 3.1% -50.4% 20,641 1.9% 29,861 3.1% -30.9%
GWM *5 1,179 1.0% - -% -% 10,305 1.0% - -% -%
BMW *1 1,170 1.0% 1,768 1.5% -33.8% 12,223 1.1% 12,143 1.2% 0.7%
Mercedes-Benz 945 0.8% 1,391 1.2% -32.1% 9,320 0.9% 10,882 1.1% -14.4%
MOTORNATION *3 794 0.7% 782 0.7% 1.5% 7,581 0.7% 6,990 0.7% 8.5%
Volvo 510 0.4% 466 0.4% 9.4% 5,339 0.5% 3,772 0.4% 41.5%
JETOUR 503 0.4% 214 0.2% 135.0% 2,568 0.2% 701 0.1% 266.3%
Isuzu 267 0.2% 130 0.1% 105.4% 1,778 0.2% 1,100 0.1% 61.6%
Subaru 250 0.2% 404 0.3% -38.1% 2,320 0.2% 2,738 0.3% -15.3%
Lexus 187 0.2% 210 0.2% -11.0% 1,957 0.2% 1,933 0.2% 1.2%
Land Rover 174 0.1% 204 0.2% -14.7% 1,306 0.1% 1,292 0.1% 1.1%
Lincoln 134 0.1% 100 0.1% 34.0% 1,304 0.1% 961 0.1% 35.7%
Acura 91 0.1% 105 0.1% -13.3% 754 0.1% 832 0.1% -9.4%
Infiniti 68 0.1% 87 0.1% -21.8% 797 0.1% 726 0.1% 9.8%
Jaguar 6 0.0% 10 0.0% -40.0% 63 0.0% 58 0.0% 8.6%
Total 116,543 100.0% 118,252 100.0% -1.4% 1,079,413 100.0% 976,542 100.0% 10.5%
*1 Includes sales volume of the MINI.
*2 Includes sales volume of the Dodge, Jeep and Ram.
*3 Includes sales volume of the BAIC and JMC and CHANGAN, DFSK, SERES.
*4 Includes sales volume of the Chirey and Omoda.
*5 Includes sales volume of the GreatWall and Haval and Tank.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


More detailed statistics for Mexico

PAGETOP

Flash report, August 2024

Sep 5, 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 vehicle sales up 11.9% in August 2024
On September 4, Mexico’s Instituto Nacional de Estadistica y Geografia (INEGI) reported sales of 127,684 light vehicles in August, representing an increase of 11.9% from the 114,097 sales in August 2023.
Nissan sold 21,539 units in August, an increase of 1.7% from the previous year.
Overall Volkswagen Group sales of 14,999 units in August increased 16.7% from the same month in 2023.
General Motors sold 18,156 units, an increase of 11.0% from last year.
Ford sold 4,668 units in August, an increase of 13.7% from 2023, while Stellantis sales increased 8.7% to 8,507 units in August.
Toyota sold 10,916 units, an increase of 41.3%, while Honda sold 3,476 units, an increase of 24.6%, and Mazda sold 8,452 units, an increase of 52.8% from the same month last year.
Kia sales increased 10.5% to 8,747 units, while Hyundai sales decreased 3.7% to 4,426 units.
JAC sold 2,001 vehicles, a 37.7% increase from last August.
Chery and Omoda brands sales decreased 41.4% to 2,209 units, while Motornation sold 848 units of BAIC, Changan, JMC, DFSK and Seres vehicles, 0.2% less than last year.
Cumulative sales for the eight months of the year were up 12.2% y/y to 962,870 units.
Given that the Mexican economy grew 1.8 percent in the first half of 2024, according to INEGI, and consumption, although it slowed its growth rate, supports domestic vehicle sales, which increased monthly in six of the eight months of the year.
While this marked a recovery from the collapse in sales caused by the Covid-19 pandemic crisis, they are 13 percent above sales in the first eight months of 2019, before the coronavirus pandemic hit.

Sales of new vehicles by type(including import cars)
2024
Aug.
2023
Aug.
Y-o-Y 2024
Jan.-Aug.
2023
Jan.-Aug.
Y-o-Y
Cars
57,912
50,769
14.1%
410,749
377,806
8.7%
Light Trucks (Pickup Truck, SUV)
69,772
63,328
10.2%
552,121
480,484
14.9%
Total
127,684
114,097
11.9%
962,870
858,290
12.2%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV)
Maker/Brand 2024 2023 Y-o-Y 2024 2023 Y-o-Y
Aug. Share Aug. Share Jan.-Aug. Share Jan.-Aug. Share
Nissan
21,539
16.9%
21,182
18.6%
1.7%
164,261
17.1%
155,064
18.1%
5.9%
GM
18,156
14.2%
16,356
14.3%
11.0%
134,994
14.0%
115,214
13.4%
17.2%
VW Group
14,999
11.7%
12,857
11.3%
16.7%
112,511
11.7%
93,243
10.9%
20.7%
 - VW
11,493
9.0%
9,786
8.6%
17.4%
86,483
9.0%
70,016
8.2%
23.5%
 - SEAT
2,547
2.0%
1,855
1.6%
37.3%
17,396
1.8%
13,783
1.6%
26.2%
 - Audi
708
0.6%
1,037
0.9%
-31.7%
6,955
0.7%
8,378
1.0%
-17.0%
 - Porsche
249
0.2%
179
0.2%
39.1%
1,668
0.2%
1,055
0.1%
58.1%
 - Bentley
2
0.0%
0
0.0%
-%
9
0.0%
11
0.0%
-18.2%
Toyota
10,916
8.5%
7,723
6.8%
41.3%
80,063
8.3%
65,081
7.6%
23.0%
Kia
8,747
6.9%
7,915
6.9%
10.5%
68,575
7.1%
62,187
7.2%
10.3%
Stellantis
8,507
6.7%
7,826
6.9%
8.7%
60,570
6.3%
62,181
7.2%
-2.6%
 - Chrysler *2
5,884
4.6%
5,669
5.0%
3.8%
39,793
4.1%
44,927
5.2%
-11.4%
 - Peugeot
1,894
1.5%
919
0.8%
106.1%
12,424
1.3%
9,245
1.1%
34.4%
 - Fiat
701
0.5%
1,177
1.0%
-40.4%
8,041
0.8%
7,801
0.9%
3.1%
 - Alfa Romeo
28
0.0%
61
0.1%
-54.1%
312
0.0%
208
0.0%
50.0%
Mazda
8,452
6.6%
5,532
4.8%
52.8%
61,220
6.4%
46,343
5.4%
32.1%
MG
5,032
3.9%
5,006
4.4%
0.5%
34,184
3.6%
35,322
4.1%
-3.2%
Ford Motor
4,668
3.7%
4,107
3.6%
13.7%
35,071
3.6%
29,054
3.4%
20.7%
Hyundai
4,426
3.5%
4,596
4.0%
-3.7%
33,810
3.5%
30,582
3.6%
10.6%
Suzuki
3,738
2.9%
3,254
2.9%
14.9%
28,716
3.0%
24,494
2.9%
17.2%
Honda
3,476
2.7%
2,790
2.4%
24.6%
27,670
2.9%
20,554
2.4%
34.6%
Renault
2,438
1.9%
3,100
2.7%
-21.4%
19,735
2.0%
28,907
3.4%
-31.7%
Chirey / Chery *4
2,209
1.7%
3,771
3.3%
-41.4%
18,813
2.0%
26,174
3.0%
-28.1%
JAC
2,001
1.6%
1,453
1.3%
37.7%
15,961
1.7%
12,840
1.5%
24.3%
Mitsubishi
1,996
1.6%
1,605
1.4%
24.4%
15,379
1.6%
12,793
1.5%
20.2%
GWM *5
1,315
1.0%
-
-%
-%
9,126
0.9%
-
-%
-%
Mercedes-Benz
1,109
0.9%
1,162
1.0%
-4.6%
8,375
0.9%
9,491
1.1%
-11.8%
BMW *1
879
0.7%
1,186
1.0%
-25.9%
11,053
1.1%
10,375
1.2%
6.5%
MOTORNATION *3
848
0.7%
850
0.7%
-0.2%
6,787
0.7%
6,208
0.7%
9.3%
Volvo
723
0.6%
515
0.5%
40.4%
4,829
0.5%
3,306
0.4%
46.1%
JETOUR
290
0.2%
224
0.2%
29.5%
2,065
0.2%
487
0.1%
324.0%
Subaru
268
0.2%
408
0.4%
-34.3%
2,070
0.2%
2,334
0.3%
-11.3%
Isuzu
257
0.2%
85
0.1%
202.4%
1,511
0.2%
970
0.1%
55.8%
Lexus
233
0.2%
208
0.2%
12.0%
1,770
0.2%
1,723
0.2%
2.7%
Lincoln
150
0.1%
76
0.1%
97.4%
1,170
0.1%
861
0.1%
35.9%
Land Rover
132
0.1%
149
0.1%
-11.4%
1,132
0.1%
1,088
0.1%
4.0%
Infiniti
90
0.1%
90
0.1%
0.0%
729
0.1%
639
0.1%
14.1%
Acura
87
0.1%
67
0.1%
29.9%
663
0.1%
727
0.1%
-8.8%
Jaguar
3
0.0%
4
0.0%
-25.0%
57
0.0%
48
0.0%
18.8%
Total
127,684
100.0%
114,097
100.0%
11.9%
962,870
100.0%
858,290
100.0%
12.2%
*1 Includes sales volume of the MINI.
*2 Includes sales volume of the Dodge, Jeep and Ram.
*3 Includes sales volume of the BAIC and JMC and CHANGAN, DFSK, SERES.
*4 Includes sales volume of the Chirey and Omoda.
*5 Includes sales volume of the GreatWall and Haval and Tank.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, July 2024

Aug 5, 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 vehicle sales up 12.6% in July 2024
On August 2, Mexico’s Instituto Nacional de Estadistica y Geografia (INEGI) reported sales of 124,761 light vehicles in July, representing an increase of 12.6% from the 110,843 sales in July 2023.
Nissan sold 20,836 units in July, an increase of 11.9% from the previous year.
Overall Volkswagen Group sales of 14,773 units in July increased 28.7% from the same month in 2023.
General Motors sold 17,076 units, an increase of 6.8% from last year.
Ford sold 4,941 units in July, an increase of 21.9% from 2023, while Stellantis sales decreased 7.1% to 6,408 units in July.
Toyota sold 11,066 units, an increase of 13.8%, while Honda sold 3,719 units, an increase of 23.4%, and Mazda sold 8,374 units, an increase of 33.2% from the same month last year.
Kia sales increased 15.0% to 8,863 units, while Hyundai sales increased 21.6% to 4,542 units.
JAC sold 2,116 vehicles, a 30.5% increase from last July.
Chery and Omoda brands sales decreased 31.8% to 2,461 units, while Motornation sold 739 units of BAIC, Changan, and JMC vehicles, 32.8% less than last year.
On July 11, Scotiabank maintained its previous June forecast of 1.39 million full-year sales in Mexico for 2024 and 1.43 million for 2025.

Sales of new vehicles by type(including import cars)
2024
Jul.
2023
Jul.
Y-o-Y 2024
Jan.-Jul.
2023
Jan.-Jul.
Y-o-Y
Cars
54,202
47,622
13.8%
352,837
327,037
7.9%
Light Trucks (Pickup Truck, SUV)
70,559
63,221
11.6%
480,574
416,893
15.3%
Total
124,761
110,843
12.6%
833,411
743,930
12.0%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV)
Maker/Brand 2024 2023 Y-o-Y 2024 2023 Y-o-Y
Jul. Share Jul. Share Jan.-Jul. Share Jan.-Jul. Share
Nissan 20,836 16.7% 18,614 16.8% 11.9% 142,722 17.1% 133,882 18.0% 6.6%
GM 17,076 13.7% 15,992 14.4% 6.8% 116,838 14.0% 98,858 13.3% 18.2%
VW Group 14,773 11.8% 11,483 10.4% 28.7% 97,512 11.7% 80,386 10.8% 21.3%
 - VW 11,452 9.2% 8,421 7.6% 36.0% 74,990 9.0% 60,230 8.1% 24.5%
 - SEAT 2,332 1.9% 1,930 1.7% 20.8% 14,849 1.8% 11,928 1.6% 24.5%
 - Audi 766 0.6% 1,013 0.9% -24.4% 6,247 0.7% 7,341 1.0% -14.9%
 - Porsche 221 0.2% 117 0.1% 88.9% 1,419 0.2% 876 0.1% 62.0%
 - Bentley 2 0.0% 2 0.0% 0.0% 7 0.0% 11 0.0% -36.4%
Toyota 11,066 8.9% 9,726 8.8% 13.8% 69,147 8.3% 57,358 7.7% 20.6%
Kia 8,863 7.1% 7,707 7.0% 15.0% 59,828 7.2% 54,272 7.3% 10.2%
Mazda 8,374 6.7% 6,286 5.7% 33.2% 52,768 6.3% 40,811 5.5% 29.3%
Stellantis 6,408 5.1% 6,899 6.2% -7.1% 52,063 6.2% 54,355 7.3% -4.2%
 - Chrysler *2 3,803 3.0% 4,750 4.3% -19.9% 33,909 4.1% 39,258 5.3% -13.6%
 - Peugeot 1,927 1.5% 1,198 1.1% 60.9% 10,530 1.3% 8,326 1.1% 26.5%
 - Fiat 648 0.5% 916 0.8% -29.3% 7,340 0.9% 6,624 0.9% 10.8%
 - Alfa Romeo 30 0.0% 35 0.0% -14.3% 284 0.0% 147 0.0% 93.2%
Ford Motor 4,941 4.0% 4,052 3.7% 21.9% 30,403 3.6% 24,947 3.4% 21.9%
MG 4,644 3.7% 4,128 3.7% 12.5% 29,152 3.5% 30,316 4.1% -3.8%
Hyundai 4,542 3.6% 3,735 3.4% 21.6% 29,384 3.5% 25,986 3.5% 13.1%
Suzuki 3,776 3.0% 3,518 3.2% 7.3% 24,978 3.0% 21,240 2.9% 17.6%
Honda 3,719 3.0% 3,014 2.7% 23.4% 24,194 2.9% 17,764 2.4% 36.2%
Renault 2,883 2.3% 3,600 3.2% -19.9% 17,297 2.1% 25,807 3.5% -33.0%
Chirey / Chery *4 2,461 2.0% 3,606 3.3% -31.8% 16,604 2.0% 22,403 3.0% -25.9%
JAC 2,116 1.7% 1,621 1.5% 30.5% 13,960 1.7% 11,387 1.5% 22.6%
Mitsubishi 1,820 1.5% 1,649 1.5% 10.4% 13,383 1.6% 11,188 1.5% 19.6%
BMW *1 1,421 1.1% 1,444 1.3% -1.6% 10,174 1.2% 9,189 1.2% 10.7%
GWM *5 1,265 1.0% - -% -% 7,811 0.9% - -% -%
Mercedes-Benz 1,078 0.9% 1,151 1.0% -6.3% 7,266 0.9% 8,329 1.1% -12.8%
Volvo 863 0.7% 265 0.2% 225.7% 4,106 0.5% 2,791 0.4% 47.1%
MOTORNATION *3 739 0.6% 1,100 1.0% -32.8% 5,939 0.7% 5,358 0.7% 10.8%
Subaru 256 0.2% 468 0.4% -45.3% 1,802 0.2% 1,926 0.3% -6.4%
Lexus 212 0.2% 230 0.2% -7.8% 1,537 0.2% 1,515 0.2% 1.5%
Isuzu 171 0.1% 144 0.1% 18.8% 1,254 0.2% 885 0.1% 41.7%
Lincoln 159 0.1% 111 0.1% 43.2% 1,020 0.1% 785 0.1% 29.9%
Land Rover 142 0.1% 157 0.1% -9.6% 1,000 0.1% 939 0.1% 6.5%
Acura 86 0.1% 84 0.1% 2.4% 576 0.1% 660 0.1% -12.7%
Infiniti 68 0.1% 55 0.0% 23.6% 639 0.1% 549 0.1% 16.4%
Jaguar 3 0.0% 4 0.0% -25.0% 54 0.0% 44 0.0% 22.7%
Total 124,761 100.0% 110,843 100.0% 12.6% 833,411 100.0% 743,930 100.0% 12.0%
*1 Includes sales volume of the MINI.
*2 Includes sales volume of the Dodge, Jeep and Ram.
*3 Includes sales volume of the BAIC and JMC and CHANGAN, DFSK, SERES.
*4 Includes sales volume of the Chirey and Omoda.
*5 Includes sales volume of the GreatWall and Haval and Tank.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, June 2024

Jul 4, 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 vehicle sales up 8.3% in June 2024
On July 3, Mexico’s Instituto Nacional de Estadistica y Geografia (INEGI) reported sales of 122,929 light vehicles in June, representing an increase of 8.3% from the 113,553 sales in June 2023.
Nissan sold 21,153 units in June, an increase of 0.7% from the previous year.
Overall Volkswagen Group sales of 13,888 units in June increased 16.3% from the same month in 2023.
General Motors sold 16,742 units, an increase of 8.7% from last year.
Ford sold 4,505 units in June, an increase of 2.1% from 2023, while Stellantis sales decreased 17.0% to 7,094 units in June.
Toyota sold 10,438 units, an increase of 13.4%, while Honda sold 3,157 units, an increase of 46.7%, and Mazda sold 9,067 units, an increase of 63.7% from the same month last year.
Kia sales increased 11.2% to 8,903 units, while Hyundai sales increased 7.3% to 4,416 units.
JAC sold 2,103 vehicles, a 36.2% increase from last June.
Chery and Omoda brands sales decreased 32.9% to 2,460 units, while Motornation sold 800 units of BAIC, Changan, and JMC vehicles, 19.8% more than last year.
Cumulative sales for the six months of the year were up 11.9% y/y to 708,650 units.
On June 11, Scotiabank maintained its previous May forecast of 1.39 million full-year sales in Mexico for 2024 and 1.43 million for 2025.

Sales of new vehicles by type(including import cars)
2024
Jun.
2023
Jun.
Y-o-Y 2024
Jan.-Jun.
2023
Jan.-Jun.
Y-o-Y
Cars 53,069 48,891 8.5% 298,628 279,415 6.9%
Light Trucks (Pickup Truck, SUV) 69,860 64,662 8.0% 410,022 353,672 15.9%
Total 122,929 113,553 8.3% 708,650 633,087 11.9%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV)
Maker/Brand 2024 2023 Y-o-Y 2024 2023 Y-o-Y
Jun. Share Jun. Share Jan.-Jun. Share Jan.-Jun. Share
Nissan 21,153 17.2% 21,011 18.5% 0.7% 121,886 17.2% 115,268 18.2% 5.7%
GM 16,742 13.6% 15,405 13.6% 8.7% 99,762 14.1% 82,866 13.1% 20.4%
VW Group 13,888 11.3% 11,937 10.5% 16.3% 82,739 11.7% 68,903 10.9% 20.1%
 - VW 10,672 8.7% 8,883 7.8% 20.1% 63,538 9.0% 51,809 8.2% 22.6%
 - SEAT 2,108 1.7% 1,747 1.5% 20.7% 12,517 1.8% 9,998 1.6% 25.2%
 - Audi 886 0.7% 1,186 1.0% -25.3% 5,481 0.8% 6,328 1.0% -13.4%
 - Porsche 220 0.2% 118 0.1% 86.4% 1,198 0.2% 759 0.1% 57.8%
 - Bentley 2 0.0% 3 0.0% -33.3% 5 0.0% 9 0.0% -44.4%
Toyota 10,438 8.5% 9,208 8.1% 13.4% 58,081 8.2% 47,632 7.5% 21.9%
Mazda 9,067 7.4% 5,539 4.9% 63.7% 44,394 6.3% 34,525 5.5% 28.6%
Kia 8,903 7.2% 8,005 7.0% 11.2% 50,965 7.2% 46,565 7.4% 9.4%
Stellantis 7,094 5.8% 8,545 7.5% -17.0% 45,655 6.4% 47,456 7.5% -3.8%
 - Chrysler *2 4,364 3.6% 5,248 4.6% -16.8% 30,106 4.2% 34,508 5.5% -12.8%
 - Peugeot 1,751 1.4% 1,999 1.8% -12.4% 8,603 1.2% 7,128 1.1% 20.7%
 - Fiat 943 0.8% 1,249 1.1% -24.5% 6,692 0.9% 5,708 0.9% 17.2%
 - Alfa Romeo 36 0.0% 49 0.0% -26.5% 254 0.0% 112 0.0% 126.8%
Ford Motor 4,505 3.7% 4,414 3.9% 2.1% 25,462 3.6% 20,895 3.3% 21.9%
Hyundai 4,416 3.6% 4,117 3.6% 7.3% 24,842 3.5% 22,251 3.5% 11.6%
MG 4,106 3.3% 4,121 3.6% -0.4% 24,508 3.5% 26,188 4.1% -6.4%
Suzuki 3,191 2.6% 2,363 2.1% 35.0% 21,202 3.0% 17,722 2.8% 19.6%
Honda 3,157 2.6% 2,152 1.9% 46.7% 20,475 2.9% 14,750 2.3% 38.8%
Renault 2,783 2.3% 4,542 4.0% -38.7% 14,414 2.0% 22,207 3.5% -35.1%
Chirey / Chery *4 2,460 2.0% 3,665 3.2% -32.9% 14,143 2.0% 18,797 3.0% -24.8%
JAC 2,103 1.7% 1,544 1.4% 36.2% 11,844 1.7% 9,766 1.5% 21.3%
Mitsubishi 1,923 1.6% 1,962 1.7% -2.0% 11,563 1.6% 9,539 1.5% 21.2%
BMW *1 1,672 1.4% 1,557 1.4% 7.4% 8,753 1.2% 7,745 1.2% 13.0%
GWM *5 1,301 1.1% - -% -% 6,546 0.9% - -% -%
Mercedes-Benz 1,127 0.9% 1,222 1.1% -7.8% 6,188 0.9% 7,178 1.1% -13.8%
Volvo 1,004 0.8% 512 0.5% 96.1% 3,243 0.5% 2,526 0.4% 28.4%
MOTORNATION *3 800 0.7% 668 0.6% 19.8% 5,200 0.7% 4,258 0.7% 22.1%
Lexus 257 0.2% 219 0.2% 17.4% 1,325 0.2% 1,285 0.2% 3.1%
Subaru 228 0.2% 361 0.3% -36.8% 1,546 0.2% 1,458 0.2% 6.0%
Isuzu 188 0.2% 116 0.1% 62.1% 1,083 0.2% 741 0.1% 46.2%
Land Rover 165 0.1% 150 0.1% 10.0% 858 0.1% 782 0.1% 9.7%
Lincoln 124 0.1% 93 0.1% 33.3% 861 0.1% 674 0.1% 27.7%
Acura 73 0.1% 50 0.0% 46.0% 490 0.1% 576 0.1% -14.9%
Infiniti 58 0.0% 72 0.1% -19.4% 571 0.1% 494 0.1% 15.6%
Jaguar 3 0.0% 3 0.0% 0.0% 51 0.0% 40 0.0% 27.5%
Total 122,929 100.0% 113,553 100.0% 8.3% 708,650 100.0% 633,087 100.0% 11.9%
*1 Includes sales volume of the MINI.
*2 Includes sales volume of the Dodge, Jeep and Ram.
*3 Includes sales volume of the BAIC and JMC and CHANGAN DFSK, SERES.
*4 Includes sales volume of the Chirey and Omoda.
*5 Includes sales volume of the GreatWall and Haval and Tank.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


More detailed statistics for Mexico

PAGETOP

Flash report, May 2024

Jun 5, 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 vehicle sales up 12.3% in May 2024
On June 4, Mexico’s Instituto Nacional de Estadística y Geografia (INEGI) reported sales of 119,985 light vehicles in May, representing an increase of 12.3% from the 106,798 sales in May 2023.
Nissan sold 20,825 units in May, an increase of 3.9% from the previous year.
Overall Volkswagen Group sales of 14,048 units in May increased 21.2% from the same month in 2023.
General Motors sold 16,562 units, an increase of 21.4% from last year.
Ford sold 4,582 units in May, an increase of 22.6% from 2023, while Stellantis sales increased 5.8% to 7,404 units in May.
Toyota sold 9,916 units, an increase of 19.0%, while Honda sold 3,809 units, an increase of 75.0%, and Mazda sold 7,972 units, an increase of 34.1% from the same month last year.
Kia sales increased 12.8% to 8,802 units, while Hyundai sales increased 8.4% to 4,243 units.
JAC sold 2,102 vehicles, a 36.8% increase from last May.
Chery and Omoda brands sales decreased 7.0% to 2,626 units, while Motornation sold 805 units of BAIC, Changan, and JMC vehicles, 19.3% more than last year.
Great Wall Motor reported sales of 1,309 units during May 2024.
Cumulative sales for the five months of the year were up 12.7% y/y to 585,722 units.
On May 9, Scotiabank maintained its previous April forecast of 1.39 million full-year sales in Mexico for 2024 and 1.43 million for 2025.


Sales of new vehicles by type(including import cars)
2024
May
2023
May
Y-o-Y 2024
Jan.-May
2023
Jan.-May
Y-o-Y
Cars 50,767 46,474 9.2% 245,560 230,524 6.5%
Light Trucks (Pickup Truck, SUV) 69,218 60,324 14.7% 340,162 289,010 17.7%
Total 119,985 106,798 12.3% 585,722 519,534 12.7%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV)
Maker/Brand 2024 2023 Y-o-Y 2024 2023 Y-o-Y
May Share May Share Jan.-May Share Jan.-May Share
Nissan 20,825 17.4% 20,045 18.8% 3.9% 100,733 17.2% 94,257 18.1% 6.9%
GM 16,562 13.8% 13,647 12.8% 21.4% 83,020 14.2% 67,461 13.0% 23.1%
VW Group 14,048 11.7% 11,592 10.9% 21.2% 68,851 11.8% 56,966 11.0% 20.9%
 - VW 10,568 8.8% 9,067 8.5% 16.6% 52,866 9.0% 42,926 8.3% 23.2%
 - SEAT 2,299 1.9% 1,346 1.3% 70.8% 10,409 1.8% 8,251 1.6% 26.2%
 - Audi 953 0.8% 1,045 1.0% -8.8% 4,595 0.8% 5,142 1.0% -10.6%
 - Porsche 226 0.2% 132 0.1% 71.2% 978 0.2% 641 0.1% 52.6%
 - Bentley 2 0.0% 2 0.0% 0.0% 3 0.0% 6 0.0% -50.0%
Toyota 9,916 8.3% 8,334 7.8% 19.0% 47,643 8.1% 38,424 7.4% 24.0%
Kia 8,802 7.3% 7,803 7.3% 12.8% 42,062 7.2% 38,560 7.4% 9.1%
Mazda 7,972 6.6% 5,945 5.6% 34.1% 35,328 6.0% 28,986 5.6% 21.9%
Stellantis 7,404 6.2% 6,997 6.6% 5.8% 38,561 6.6% 38,911 7.5% -0.9%
 - Chrysler *2 4,834 4.0% 5,045 4.7% -4.2% 25,742 4.4% 29,260 5.6% -12.0%
 - Peugeot 1,473 1.2% 988 0.9% 49.1% 6,852 1.2% 5,129 1.0% 33.6%
 - Fiat 1,074 0.9% 958 0.9% 12.1% 5,749 1.0% 4,459 0.9% 28.9%
 - Alfa Romeo 23 0.0% 6 0.0% 283.3% 218 0.0% 63 0.0% 246.0%
Ford Motor 4,582 3.8% 3,736 3.5% 22.6% 20,957 3.6% 16,481 3.2% 27.2%
Hyundai 4,243 3.5% 3,916 3.7% 8.4% 20,426 3.5% 18,134 3.5% 12.6%
MG 3,853 3.2% 5,002 4.7% -23.0% 20,402 3.5% 22,067 4.2% -7.5%
Honda 3,809 3.2% 2,177 2.0% 75.0% 17,318 3.0% 12,598 2.4% 37.5%
Suzuki 3,593 3.0% 2,946 2.8% 22.0% 18,011 3.1% 15,359 3.0% 17.3%
Chirey / Chery *4 2,626 2.2% 2,824 2.6% -7.0% 11,683 2.0% 15,132 2.9% -22.8%
JAC 2,102 1.8% 1,537 1.4% 36.8% 9,741 1.7% 8,222 1.6% 18.5%
Mitsubishi 1,630 1.4% 1,554 1.5% 4.9% 9,640 1.6% 7,577 1.5% 27.2%
Renault 1,519 1.3% 4,101 3.8% -63.0% 11,631 2.0% 17,665 3.4% -34.2%
BMW *1 1,385 1.2% 1,395 1.3% -0.7% 7,081 1.2% 6,188 1.2% 14.4%
GWM *5 1,309 1.1% - -% -% 5,245 0.9% - -% -%
Mercedes-Benz 995 0.8% 1,289 1.2% -22.8% 5,061 0.9% 5,956 1.1% -15.0%
Volvo 950 0.8% 457 0.4% 107.9% 2,239 0.4% 2,014 0.4% 11.2%
MOTORNATION *3 805 0.7% 675 0.6% 19.3% 4,400 0.8% 3,590 0.7% 22.6%
Subaru 235 0.2% 104 0.1% 126.0% 1,318 0.2% 1,097 0.2% 20.1%
Lexus 196 0.2% 207 0.2% -5.3% 1,068 0.2% 1,066 0.2% 0.2%
Isuzu 189 0.2% 121 0.1% 56.2% 895 0.2% 625 0.1% 43.2%
Land Rover 137 0.1% 152 0.1% -9.9% 693 0.1% 632 0.1% 9.7%
Lincoln 130 0.1% 98 0.1% 32.7% 737 0.1% 581 0.1% 26.9%
Infiniti 88 0.1% 78 0.1% 12.8% 513 0.1% 422 0.1% 21.6%
Acura 72 0.1% 59 0.1% 22.0% 417 0.1% 526 0.1% -20.7%
Jaguar 8 0.0% 7 0.0% 14.3% 48 0.0% 37 0.0% 29.7%
Total 119,985 100.0% 106,798 100.0% 12.3% 585,722 100.0% 519,534 100.0% 12.7%
*1 Includes sales volume of the MINI.
*2 Includes sales volume of the Dodge, Jeep and Ram.
*3 Includes sales volume of the BAIC and JMC and CHANGAN.
*4 Includes sales volume of the Chirey and Omoda.
*5 Includes sales volume of the GreatWall and Haval and Tank.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


More detailed statistics for Mexico

PAGETOP

Flash report, April 2024

May 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 vehicle sales up 14.8% in April 2024
On May 3, Mexico’s Instituto Nacional de Estadistica y Geografia (INEGI) reported sales of 112,048 light vehicles in April, representing an increase of 14.8% from the 97,610 sales in April 2023.
Nissan sold 18,079 units in April, an increase of 20.3% from the previous year.
Overall Volkswagen Group sales of 13,944 units in April increased 19.9% from the same month in 2023.
General Motors sold 17,325 units, an increase of 18.4% from last year.
Ford sold 3,710 units in April, an increase of 17.3% from 2023, while Stellantis sales decreased 12.6% to 7,015 units in April.
Toyota sold 9,785 units, an increase of 35.3%, while Honda sold 3,278 units, an increase of 102.0%, and Mazda sold 7,160 units, an increase of 89.6% from the same month last year.
Kia sales increased 11.1% to 8,456 units, while Hyundai sales increased 21.6% to 4,177 units.
JAC sold 2,010 vehicles, a 13.9% increase from last April.
Chery and Omoda brands sales decreased 31.4% to 2,009 units, while Motornation sold 883 units of BAIC, Changan, and JMC vehicles, 62.9% more than last year.
Cumulative sales for the four months of the year were up 11.9% y/y to 461,801 units.
On April 9, Scotiabank maintained its previous March forecast of 1.39 million full-year sales in Mexico for 2024 and 1.43 million for 2025.

Sales of new vehicles by type(including import cars)
2024
Apr.
2023
Apr.
Y-o-Y 2024
Jan.-Apr.
2023
Jan.-Apr.
Y-o-Y
Cars 45,529 39,889 14.1% 194,393 184,050 5.6%
Light Trucks (Pickup Truck, SUV) 66,519 57,721 15.2% 267,408 228,686 16.9%
Total 112,048 97,610 14.8% 461,801 412,736 11.9%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV)
Maker/Brand 2024 2023 Y-o-Y 2024 2023 Y-o-Y
Apr. Share Apr. Share Jan.-Apr. Share Jan.-Apr. Share
Nissan
18,079
16.1%
15,025
15.4%
20.3%
79,908
17.3%
74,212
18.0%
7.7%
GM
17,325
15.5%
14,629
15.0%
18.4%
66,458
14.4%
53,814
13.0%
23.5%
VW Group
13,944
12.4%
11,628
11.9%
19.9%
54,803
11.9%
45,374
11.0%
20.8%
 - VW
10,522
9.4%
8,985
9.2%
17.1%
42,298
9.2%
33,859
8.2%
24.9%
 - SEAT
2,257
2.0%
1,610
1.6%
40.2%
8,110
1.8%
6,905
1.7%
17.5%
 - Audi
949
0.8%
893
0.9%
6.3%
3,642
0.8%
4,097
1.0%
-11.1%
 - Porsche
216
0.2%
140
0.1%
54.3%
752
0.2%
509
0.1%
47.7%
 - Bentley
0
0.0%
0
0.0%
-%
1
0.0%
4
0.0%
-75.0%
Toyota
9,785
8.7%
7,233
7.4%
35.3%
37,727
8.2%
30,090
7.3%
25.4%
Kia
8,456
7.5%
7,610
7.8%
11.1%
33,260
7.2%
30,757
7.5%
8.1%
Mazda
7,160
6.4%
3,777
3.9%
89.6%
27,356
5.9%
23,041
5.6%
18.7%
Stellantis
7,015
6.3%
8,030
8.2%
-12.6%
31,157
6.7%
31,914
7.7%
-2.4%
 - Chrysler *2
4,649
4.1%
5,740
5.9%
-19.0%
20,908
4.5%
24,215
5.9%
-13.7%
 - Peugeot
1,405
1.3%
1,191
1.2%
18.0%
5,379
1.2%
4,141
1.0%
29.9%
 - Fiat
917
0.8%
1,069
1.1%
-14.2%
4,675
1.0%
3,501
0.8%
33.5%
 - Alfa Romeo
44
0.0%
30
0.0%
46.7%
195
0.0%
57
0.0%
242.1%
Hyundai
4,177
3.7%
3,436
3.5%
21.6%
16,183
3.5%
14,218
3.4%
13.8%
Suzuki
3,881
3.5%
2,993
3.1%
29.7%
14,418
3.1%
12,413
3.0%
16.2%
Ford Motor
3,710
3.3%
3,164
3.2%
17.3%
16,375
3.5%
12,745
3.1%
28.5%
Honda
3,278
2.9%
1,623
1.7%
102.0%
13,509
2.9%
10,421
2.5%
29.6%
MG
3,128
2.8%
4,002
4.1%
-21.8%
16,549
3.6%
17,065
4.1%
-3.0%
JAC
2,010
1.8%
1,764
1.8%
13.9%
7,639
1.7%
6,685
1.6%
14.3%
Chirey / Chery *4
2,009
1.8%
2,929
3.0%
-31.4%
9,057
2.0%
12,308
3.0%
-26.4%
Mitsubishi
1,937
1.7%
1,450
1.5%
33.6%
8,010
1.7%
6,023
1.5%
33.0%
BMW *1
1,576
1.4%
1,160
1.2%
35.9%
5,696
1.2%
4,793
1.2%
18.8%
Mercedes-Benz
1,101
1.0%
1,009
1.0%
9.1%
4,066
0.9%
4,667
1.1%
-12.9%
Renault
1,059
0.9%
4,149
4.3%
-74.5%
10,112
2.2%
13,564
3.3%
-25.4%
MOTORNATION *3
883
0.8%
542
0.6%
62.9%
3,595
0.8%
2,915
0.7%
23.3%
Volvo
445
0.4%
446
0.5%
-0.2%
1,289
0.3%
1,557
0.4%
-17.2%
Subaru
237
0.2%
194
0.2%
22.2%
1,083
0.2%
993
0.2%
9.1%
Lexus
213
0.2%
234
0.2%
-9.0%
872
0.2%
859
0.2%
1.5%
Land Rover
163
0.1%
176
0.2%
-7.4%
556
0.1%
480
0.1%
15.8%
Isuzu
161
0.1%
123
0.1%
30.9%
706
0.2%
504
0.1%
40.1%
Lincoln
129
0.1%
127
0.1%
1.6%
607
0.1%
483
0.1%
25.7%
Infiniti
97
0.1%
65
0.1%
49.2%
425
0.1%
344
0.1%
23.5%
Acura
83
0.1%
85
0.1%
-2.4%
345
0.1%
467
0.1%
-26.1%
Jaguar
7
0.0%
7
0.0%
0.0%
40
0.0%
30
0.0%
33.3%
Total
112,048
100.0%
97,610
100.0%
14.8%
461,801
100.0%
412,736
100.0%
11.9%
*1 Includes sales volume of the MINI.
*2 Includes sales volume of the Dodge, Jeep and Ram.
*3 Includes sales volume of the BAIC and JMC and CHANGAN.
*4 Includes sales volume of the Chirey and Omoda.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, March 2024

Apr 4, 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 vehicle sales up 4.7% in March 2024
On April 3, Mexico’s Instituto Nacional de Estadistica y Geografia (INEGI) reported sales of 124,395 light vehicles in March, representing an increase of 4.7% from the 118,801 sales in March 2023.
Nissan sold 23,531 units in March, an increase of 4.0% from the previous year.
Overall Volkswagen Group sales of 13,474 units in March increased 12.5% from the same month in 2023.
General Motors sold 17,541 units, an increase of 14.0% from last year.
Ford sold 4,207 units in March, an increase of 32.4% from 2023, while Stellantis sales decreased 6.5% to 9,486 units in March.
Toyota sold 9,091 units, an increase of 25.7%, while Honda sold 3,419 units, an increase of 4.4%, and Mazda sold 7,234 units, an increase of 1.8% from the same month last year.
Kia sales increased 2.5% to 8,505 units, while Hyundai sales increased 17.0% to 4,203 units.
JAC sold 1,927 vehicles, a 12.5% increase from last March.
Chery and Omoda brands sales decreased 38.2% to 2,081 units, while Motornation sold 876 units of BAIC, Changan, and JMC vehicles, 15.4% less than last year.
Cumulative sales for the three months of the year were up 11.0% y/y to 349,753 units.
On March 7, Scotiabank maintained its previous February forecast of 1.39 million full-year sales in Mexico for 2024 and 1.43 million for 2025.

Sales of new vehicles by type(including import cars)
2024
Mar.
2023
Mar.
Y-o-Y 2024
Jan.-Mar.
2023
Jan.-Mar.
Y-o-Y
Cars
52,792
55,141
-4.3%
148,864
144,161
3.3%
Light Trucks (Pickup Truck, SUV)
71,603
63,660
12.5%
200,889
170,965
17.5%
Total
124,395
118,801
4.7%
349,753
315,126
11.0%
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV)
Maker/Brand 2024 2023 Y-o-Y 2024 2023 Y-o-Y
Mar. Share Mar. Share Jan.-Mar. Share Jan.-Mar. Share
Nissan 23,531 18.9% 22,623 19.0% 4.0% 61,829 17.7% 59,187 18.8% 4.5%
GM 17,541 14.1% 15,387 13.0% 14.0% 49,133 14.0% 39,185 12.4% 25.4%
VW Group 13,474 10.8% 11,980 10.1% 12.5% 40,859 11.7% 33,746 10.7% 21.1%
 - VW 10,436 8.4% 8,540 7.2% 22.2% 31,776 9.1% 24,874 7.9% 27.7%
 - SEAT 1,915 1.5% 2,054 1.7% -6.8% 5,853 1.7% 5,295 1.7% 10.5%
 - Audi 942 0.8% 1,233 1.0% -23.6% 2,693 0.8% 3,204 1.0% -15.9%
 - Porsche 180 0.1% 150 0.1% 20.0% 536 0.2% 369 0.1% 45.3%
 - Bentley 1 0.0% 3 0.0% -66.7% 1 0.0% 4 0.0% -75.0%
Stellantis 9,486 7.6% 10,150 8.5% -6.5% 24,142 6.9% 23,884 7.6% 1.1%
 - Chrysler *2 6,404 5.1% 7,931 6.7% -19.3% 16,259 4.6% 18,475 5.9% -12.0%
 - Peugeot 1,618 1.3% 1,322 1.1% 22.4% 3,974 1.1% 2,950 0.9% 34.7%
 - Fiat 1,414 1.1% 888 0.7% 59.2% 3,758 1.1% 2,432 0.8% 54.5%
 - Alfa Romeo 50 0.0% 9 0.0% 455.6% 151 0.0% 27 0.0% 459.3%
Toyota 9,091 7.3% 7,231 6.1% 25.7% 27,942 8.0% 22,857 7.3% 22.2%
Kia 8,505 6.8% 8,301 7.0% 2.5% 24,804 7.1% 23,147 7.3% 7.2%
Mazda 7,234 5.8% 7,105 6.0% 1.8% 20,196 5.8% 19,264 6.1% 4.8%
MG 5,015 4.0% 4,925 4.1% 1.8% 13,421 3.8% 13,063 4.1% 2.7%
Ford Motor 4,207 3.4% 3,177 2.7% 32.4% 12,665 3.6% 9,581 3.0% 32.2%
Hyundai 4,203 3.4% 3,591 3.0% 17.0% 12,006 3.4% 10,782 3.4% 11.4%
Suzuki 3,813 3.1% 3,944 3.3% -3.3% 10,537 3.0% 9,420 3.0% 11.9%
Honda 3,419 2.7% 3,274 2.8% 4.4% 10,231 2.9% 8,798 2.8% 16.3%
Renault 3,154 2.5% 4,442 3.7% -29.0% 9,053 2.6% 9,415 3.0% -3.8%
Mitsubishi 2,679 2.2% 2,336 2.0% 14.7% 6,073 1.7% 4,573 1.5% 32.8%
Chirey / Chery *4 2,081 1.7% 3,369 2.8% -38.2% 7,048 2.0% 9,379 3.0% -24.9%
JAC 1,927 1.5% 1,713 1.4% 12.5% 5,629 1.6% 4,921 1.6% 14.4%
BMW *1 1,483 1.2% 1,133 1.0% 30.9% 4,120 1.2% 3,633 1.2% 13.4%
Mercedes-Benz 1,234 1.0% 1,624 1.4% -24.0% 2,965 0.8% 3,658 1.2% -18.9%
MOTORNATION *3 876 0.7% 1,035 0.9% -15.4% 2,712 0.8% 2,373 0.8% 14.3%
Isuzu 253 0.2% 162 0.1% 56.2% 545 0.2% 381 0.1% 43.0%
Volvo 246 0.2% 435 0.4% -43.4% 844 0.2% 1,111 0.4% -24.0%
Subaru 223 0.2% 157 0.1% 42.0% 846 0.2% 799 0.3% 5.9%
Lexus 209 0.2% 230 0.2% -9.1% 659 0.2% 625 0.2% 5.4%
Lincoln 185 0.1% 140 0.1% 32.1% 478 0.1% 356 0.1% 34.3%
Land Rover 113 0.1% 170 0.1% -33.5% 393 0.1% 304 0.1% 29.3%
Infiniti 104 0.1% 88 0.1% 18.2% 328 0.1% 279 0.1% 17.6%
Acura 96 0.1% 75 0.1% 28.0% 262 0.1% 382 0.1% -31.4%
Jaguar 13 0.0% 4 0.0% 225.0% 33 0.0% 23 0.0% 43.5%
Total 124,395 100.0% 118,801 100.0% 4.7% 349,753 100.0% 315,126 100.0% 11.0%
*1 Includes sales volume of the MINI.
*2 Includes sales volume of the Dodge, Jeep and Ram.
*3 Includes sales volume of the BAIC and JMC and CHANGAN.
*4 Includes sales volume of the Chirey and Omoda.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)



More detailed statistics for Mexico

PAGETOP

Flash report, February 2024

Mar 5, 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 vehicle sales up 11.1% in February 2024
On March 4, Mexico’s Institito Nacional de Statistic y Geografia (INEGI) reported sales of 113,258 light vehicles in February, representing a 11.1% increase from the 225,358 sales in February 2023.
Nissan sold 18,328 units in February, a decrease of 5.6% from the previous year.
General Motors sold 16,133 units, an increase of 20.6% from last year.
Overall Volkswagen Group sales of 13,770 units in February increased 20.0% from the same month in 2023.
Toyota sold 9,587 units in February, an increase of 31.9% from 2023, while Kia sales increased 10.3% to 8,095 units in February.
Stellantis sold 7,702 units, a decrease of 5.8%, while Mazda sold 6,626 units, an increase of 19.0%, and MG sold 4,398 units, a decrease of 4.4% from the same month last year.
Ford sales increased 35.1% to 4,118 units, while Hyundai sales increased 3.1% to 4,038 units.
Chery and Omoda brands sold 2,367 vehicles, a decreased 21.3% from last February.
JAC sales increased 33.2% to 2,001 units, while Motornation sold 1,016 units of BAIC, Changan, and JMC vehicles, 21.8% more than last year.
Cumulative sales for the two months of the year were up 14.8% y/y to 225,358 units.
As of February 8, Scotiabank expected 1.39 million annual auto sales in 2024 and 1.43 million annual auto sales in 2025.

Sales of new vehicles by type(including import cars)

2024
Feb.
2023
Feb.
Y-o-Y 2024
Jan.-Feb.
2023
Jan.-Feb.
Y-o-Y
Cars 48,095 48,292 -0.4% 96,072 89,020 7.9%
Light Trucks (Pickup Truck, SUV) 65,163 53,619 21.5% 129,286 107,305 20.5%
Total 113,258 101,911 11.1% 225,358 196,325 14.8%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV)

Maker/Brand 2024 2023 Y-o-Y 2024 2023 Y-o-Y
Feb. Share Feb. Share Jan.-Feb. Share Jan.-Feb. Share
Nissan 18,328 16.2% 19,417 19.1% -5.6% 38,298 17.0% 36,564 18.6% 4.7%
GM 16,133 14.2% 13,376 13.1% 20.6% 31,592 14.0% 23,798 12.1% 32.8%
VW Group 13,770 12.2% 11,475 11.3% 20.0% 27,385 12.2% 21,766 11.1% 25.8%
 - VW 10,645 9.4% 8,727 8.6% 22.0% 21,340 9.5% 16,334 8.3% 30.6%
 - SEAT 2,079 1.8% 1,674 1.6% 24.2% 3,938 1.7% 3,241 1.7% 21.5%
 - Audi 879 0.8% 961 0.9% -8.5% 1,751 0.8% 1,971 1.0% -11.2%
 - Porsche 167 0.1% 113 0.1% 47.8% 356 0.2% 219 0.1% 62.6%
 - Bentley 0 0.0% 0 0.0% -% 0 0.0% 1 0.0% -100.0%
Toyota 9,587 8.5% 7,270 7.1% 31.9% 18,851 8.4% 15,626 8.0% 20.6%
Kia 8,095 7.1% 7,341 7.2% 10.3% 16,299 7.2% 14,846 7.6% 9.8%
Stellantis 7,702 6.8% 8,179 8.0% -5.8% 14,656 6.5% 13,734 7.0% 6.7%
 - Chrysler *2 5,332 4.7% 6,942 6.8% -23.2% 9,855 4.4% 10,544 5.4% -6.5%
 - Fiat 1,229 1.1% 681 0.7% 80.5% 2,344 1.0% 1,544 0.8% 51.8%
 - Peugeot 1,094 1.0% 548 0.5% 99.6% 2,356 1.0% 1,628 0.8% 44.7%
 - Alfa Romeo 47 0.0% 8 0.0% 487.5% 101 0.0% 18 0.0% 461.1%
Mazda 6,626 5.9% 5,568 5.5% 19.0% 12,962 5.8% 12,159 6.2% 6.6%
MG 4,398 3.9% 4,602 4.5% -4.4% 8,406 3.7% 8,138 4.1% 3.3%
Ford Motor 4,118 3.6% 3,047 3.0% 35.1% 8,458 3.8% 6,404 3.3% 32.1%
Hyundai 4,038 3.6% 3,918 3.8% 3.1% 7,803 3.5% 7,191 3.7% 8.5%
Suzuki 3,449 3.0% 2,685 2.6% 28.5% 6,724 3.0% 5,476 2.8% 22.8%
Honda 3,352 3.0% 2,347 2.3% 42.8% 6,812 3.0% 5,524 2.8% 23.3%
Renault 2,598 2.3% 2,168 2.1% 19.8% 5,899 2.6% 4,973 2.5% 18.6%
Chirey / Chery *4 2,367 2.1% 3,008 3.0% -21.3% 4,967 2.2% 6,010 3.1% -17.4%
JAC 2,001 1.8% 1,502 1.5% 33.2% 3,702 1.6% 3,208 1.6% 15.4%
Mitsubishi 1,859 1.6% 1,158 1.1% 60.5% 3,394 1.5% 2,237 1.1% 51.7%
BMW *1 1,401 1.2% 1,166 1.1% 20.2% 2,637 1.2% 2,500 1.3% 5.5%
MOTORNATION *3 1,016 0.9% 834 0.8% 21.8% 1,836 0.8% 1,338 0.7% 37.2%
Mercedes-Benz 848 0.7% 1,265 1.2% -33.0% 1,731 0.8% 2,034 1.0% -14.9%
Subaru 301 0.3% 306 0.3% -1.6% 623 0.3% 642 0.3% -3.0%
Volvo 292 0.3% 372 0.4% -21.5% 598 0.3% 676 0.3% -11.5%
Lexus 221 0.2% 233 0.2% -5.2% 450 0.2% 395 0.2% 13.9%
Isuzu 202 0.2% 129 0.1% 56.6% 292 0.1% 219 0.1% 33.3%
Lincoln 177 0.2% 112 0.1% 58.0% 293 0.1% 216 0.1% 35.6%
Land Rover 158 0.1% 87 0.1% 81.6% 280 0.1% 134 0.1% 109.0%
Infiniti 123 0.1% 134 0.1% -8.2% 224 0.1% 191 0.1% 17.3%
Acura 89 0.1% 202 0.2% -55.9% 166 0.1% 307 0.2% -45.9%
Jaguar 9 0.0% 10 0.0% -10.0% 20 0.0% 19 0.0% 5.3%
Total 113,258 100.0% 101,911 100.0% 11.1% 225,358 100.0% 196,325 100.0% 14.8%
*1 Includes sales volume of the MINI.
*2 Includes sales volume of the Dodge, Jeep and Ram.
*3 Includes sales volume of the BAIC and JMC and CHANGAN.
*4 Includes sales volume of the Chirey and Omoda.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


More detailed statistics for Mexico

PAGETOP

Flash report, January 2024

Feb 5, 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 vehicle sales up 18.7% in January 2024
On February 2, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 112,100 light vehicles in January, representing a 18.7% increase from the 94,414 sales in January 2023.
Nissan sold 19,970 units in January, an increase of 16.5% from the previous year.
Overall Volkswagen Group sales of 13,615 units in January increased 32.3% from the same month in 2023.
General Motors sold 15,459 units, an increase of 48.3% from last year.
Ford sold 4,340 units in January, an increase of 29.3% from 2023, while Stellantis sales increased 25.2% to 6,954 units in January.
Toyota sold 9,264 units, an increase of 10.9%, while Honda sold 3,460 units, an increase of 8.9%, and Mazda sold 6,336 units, a decrease of 3.9% from the same month last year.
Kia sales increased 9.3% to 8,204 units, while Hyundai sales increased 15.0% to 3,765 units.
JAC sold 1,701 vehicles, a 0.3% decrease from last January.
Chery and Omoda brands sales decreased 13.4% to 2,600 units, while Motornation sold 820 units of BAIC, Changan, and JMC vehicles, 62.7% more than last year.
As of January 17, Scotiabank expected 1.39 million annual auto sales in 2024 and 1.43 million annual auto sales in 2025.

Sales of new vehicles by type(including import cars)

2024
Jan.
2023
Jan.
Y-o-Y
Cars 47,977 40,728 17.8%
Light Trucks (Pickup Truck, SUV) 64,123 53,686 19.4%
Total 112,100 94,414 18.7%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV)

Maker/Brand 2024 2023 Y-o-Y
Jan. Share Jan. Share
Nissan 19,970 17.8% 17,147 18.2% 16.5%
GM 15,459 13.8% 10,422 11.0% 48.3%
VW Group 13,615 12.1% 10,291 10.9% 32.3%
 - VW 10,695 9.5% 7,607 8.1% 40.6%
 - SEAT 1,859 1.7% 1,567 1.7% 18.6%
 - Audi 872 0.8% 1,010 1.1% -13.7%
 - Porsche 189 0.2% 106 0.1% 78.3%
 - Bentley 0 0.0% 1 0.0% -100.0%
Toyota 9,264 8.3% 8,356 8.9% 10.9%
Kia 8,204 7.3% 7,505 7.9% 9.3%
Stellantis 6,954 6.2% 5,555 5.9% 25.2%
 - Chrysler *2 4,523 4.0% 3,602 3.8% 25.6%
 - Peugeot 1,262 1.1% 1,080 1.1% 16.9%
 - Fiat 1,115 1.0% 863 0.9% 29.2%
 - Alfa Romeo 54 0.0% 10 0.0% 440.0%
Mazda 6,336 5.7% 6,591 7.0% -3.9%
Ford Motor 4,340 3.9% 3,357 3.6% 29.3%
MG 4,008 3.6% 3,536 3.7% 13.3%
Hyundai 3,765 3.4% 3,273 3.5% 15.0%
Honda 3,460 3.1% 3,177 3.4% 8.9%
Renault 3,301 2.9% 2,805 3.0% 17.7%
Suzuki 3,275 2.9% 2,791 3.0% 17.3%
Chirey / Chery *4 2,600 2.3% 3,002 3.2% -13.4%
JAC 1,701 1.5% 1,706 1.8% -0.3%
Mitsubishi 1,535 1.4% 1,079 1.1% 42.3%
BMW *1 1,236 1.1% 1,334 1.4% -7.3%
Mercedes-Benz 883 0.8% 769 0.8% 14.8%
MOTORNATION *3 820 0.7% 504 0.5% 62.7%
Subaru 322 0.3% 336 0.4% -4.2%
Volvo 306 0.3% 304 0.3% 0.7%
Lexus 229 0.2% 162 0.2% 41.4%
Land Rover 122 0.1% 47 0.0% 159.6%
Lincoln 116 0.1% 104 0.1% 11.5%
Infiniti 101 0.1% 57 0.1% 77.2%
Isuzu 90 0.1% 90 0.1% 0.0%
Acura 77 0.1% 105 0.1% -26.7%
Jaguar 11 0.0% 9 0.0% 22.2%
Total 112,100 100.0% 94,414 100.0% 18.7%

*1 Includes sales volume of the MINI.
*2 Includes sales volume of the Dodge, Jeep and Ram.
*3 Includes sales volume of the BAIC and JMC and CHANGAN.
*4 Includes sales volume of the Chirey and Omoda.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)


More detailed statistics for Mexico

PAGETOP