Mexico - Automotive Sales volume, 2023

Flash report, December 2023

Jan 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 vehicle sales increase 16.0% in December, increase 24.4% for full-year 2023
On January 4, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 142,959 light vehicles in December 2023, representing a 16.0% increase from the 122,787 sales in December 2022.
In 2023, Mexican light vehicle sales increased 24.4% to 1,361,433 unites.
In 2023, Nissan sold 241,056 units, a increase of 42.7% from the previous year.
General Motors sales of 184,051 units in 2023 had increased 11.5% from 2022.
Volkswagen Group sold 149,936 units, an increase of 37.4%, and Toyota sales of 104,113 units in 2023 increased 8.0% from the last year.
Stellantis sales increased 30.1% to 96,795 units in 2023 while Kia sold 93,490 units, an increase of 4.9% from the last year.
Mazda sold 76,017 units, an increase of 57.5% from the last year and MG sales of 60,128 units in 2023 increased 25.0% from the last year.
Hyundai sales increased 20.3% to 49,757 units in 2023 while Ford Motor sold 47,968 units, an increase of 16.0% from the last year.
Chery sales were up 343.9% to 38,484 vehicles.
As of December 13, 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)

	2023 Dec.	2022 Dec.	Y-o-Y	2023 Jan.-Dec.	2022 Jan.-Dec.	Y-o-Y
Cars	63,141	50,622	24.7%	598,091	486,964	22.8%
Light Trucks (Pickup Truck, SUV)	79,818	72,660	9.9%	763,342	607,766	25.6%
Total	142,959	123,282	16.0%	1,361,433	1,094,730	24.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV) (Chirey / Chery have been updated. January 11, 2024) 

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	Dec.	Share	Dec.	Share		Jan.-Dec.	Share	Jan.-Dec.	Share
Nissan	24,514	17.1%	22,975	18.6%	6.7%	241,056	17.7%	168,940	15.4%	42.7%
GM	19,674	13.8%	18,900	15.3%	4.1%	184,051	13.5%	165,117	15.1%	11.5%
VW Group	15,132	10.6%	11,266	9.1%	34.3%	149,936	11.0%	109,136	10.0%	37.4%
- VW	11,437	8.0%	9,005	7.3%	27.0%	113,975	8.4%	85,941	7.9%	32.6%
- SEAT	2,197	1.5%	944	0.8%	132.7%	21,159	1.6%	11,895	1.1%	77.9%
- Audi	1,343	0.9%	1,131	0.9%	18.7%	13,109	1.0%	9,884	0.9%	32.6%
- Porsche	152	0.1%	184	0.1%	-17.4%	1,673	0.1%	1,400	0.1%	19.5%
- Bentley	3	0.0%	2	0.0%	50.0%	20	0.0%	16	0.0%	25.0%
Toyota	10,839	7.6%	10,993	8.9%	-1.4%	104,113	7.6%	96,387	8.8%	8.0%
Stellantis	11,986	8.4%	8,935	7.2%	34.1%	96,795	7.1%	74,417	6.8%	30.1%
- Chrysler *2	9,727	6.8%	6,967	5.7%	39.6%	71,376	5.2%	58,650	5.4%	21.7%
- Peugeot	1,186	0.8%	1,035	0.8%	14.6%	13,233	1.0%	8,210	0.7%	61.2%
- Fiat	1,027	0.7%	928	0.8%	10.7%	11,815	0.9%	7,448	0.7%	58.6%
- Alfa Romeo	46	0.0%	5	0.0%	820.0%	371	0.0%	109	0.0%	240.4%
Kia	7,907	5.5%	7,351	6.0%	7.6%	93,490	6.9%	89,140	8.1%	4.9%
Mazda	7,304	5.1%	7,185	5.8%	1.7%	76,017	5.6%	48,275	4.4%	57.5%
MG	8,320	5.8%	5,271	4.3%	57.8%	60,128	4.4%	48,112	4.4%	25.0%
Hyundai	5,211	3.6%	3,314	2.7%	57.2%	49,757	3.7%	41,357	3.8%	20.3%
Ford Motor	5,696	4.0%	4,400	3.6%	29.5%	47,968	3.5%	41,357	3.8%	16.0%
Renault	5,453	3.8%	3,906	3.2%	39.6%	43,779	3.2%	36,598	3.3%	19.6%
Chirey / Chery *4	2,961	2.1%	2,420	2.0%	22.4%	38,484	2.8%	8,670	0.8%	343.9%
Honda	3,741	2.6%	2,900	2.4%	29.0%	37,791	2.8%	39,095	3.6%	-3.3%
Suzuki	3,911	2.7%	4,485	3.6%	-12.8%	37,372	2.7%	40,366	3.7%	-7.4%
JAC	2,400	1.7%	2,007	1.6%	19.6%	21,067	1.5%	16,357	1.5%	28.8%
Mitsubishi	1,814	1.3%	1,465	1.2%	23.8%	19,183	1.4%	19,622	1.8%	-2.2%
BMW *1	1,956	1.4%	1,803	1.5%	8.5%	17,703	1.3%	16,141	1.5%	9.7%
Mercedes-Benz	1,435	1.0%	1,593	1.3%	-9.9%	14,386	1.1%	15,515	1.4%	-7.3%
MOTORNATION *3	825	0.6%	777	0.6%	6.2%	9,650	0.7%	6,314	0.6%	52.8%
Volvo	465	0.3%	273	0.2%	70.3%	5,326	0.4%	4,043	0.4%	31.7%
Subaru	534	0.4%	451	0.4%	18.4%	4,001	0.3%	2,258	0.2%	77.2%
Lexus	281	0.2%	224	0.2%	25.4%	2,681	0.2%	1,700	0.2%	57.7%
Land Rover	166	0.1%	64	0.1%	159.4%	1,763	0.1%	1,083	0.1%	62.8%
Isuzu	142	0.1%	122	0.1%	16.4%	1,468	0.1%	1,585	0.1%	-7.4%
Lincoln	112	0.1%	110	0.1%	1.8%	1,274	0.1%	1,333	0.1%	-4.4%
Acura	80	0.1%	0	0.0%	-%	1,120	0.1%	865	0.1%	29.5%
Infiniti	91	0.1%	84	0.1%	8.3%	988	0.1%	847	0.1%	16.6%
Jaguar	9	0.0%	8	0.0%	12.5%	86	0.0%	100	0.0%	-14.0%
Total	142,959	100.0%	123,282	100.0%	16.0%	1,361,433	100.0%	1,094,730	100.0%	24.4%

*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)

Flash report, November 2023

Dec 5, 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 vehicle sales up 31.9% in November
On December 3, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 128,961 light vehicles in November, representing a 31.9% increase from the 97,368 sales in November 2022.
Nissan sold 22,185 units in November, an increase of 55.8% from the previous year.
Overall Volkswagen Group sales of 14,891 units in November increased 177.5% from the same month in 2022.
General Motors sold 16,690 units, an increase of 15.1% from last year.
Ford sold 4,699 units in November, an increase of 19.4% from 2022, while Stellantis sales increased 19.3% to 8,146 units in November.
Toyota sold 10,265 units, an increase of 9.5%, while Honda sold 4,962 units, an increase of 39.7%, and Mazda sold 8,607 units, and increase of 108.8% from the same month last year.
Kia sales increased 2.8% to 8,020 units, while Hyundai sales increased 22.5% to 4,858 units.
JAC sold 2,100 vehicles, a 38.3% increase from last November.
Chery and Omoda brands sold 3,115 units, while Motornation sold 1,035 units of BAIC, Changan, and JMC vehicles.
Cumulative sales for the eleven months of the year were up 25.5% y/y to 1,218,474 units.
As of November 8, Scotiabank expected 1.35 million annual auto sales in 2023 and 1.39 million annual auto sales in 2024.

Sales of new vehicles by type(including import cars)

	2023 Nov.	2022 Nov.	Y-o-Y	2023 Jan.-Nov.	2022 Jan.-Nov.	Y-o-Y
Cars	57,821	40,597	42.4%	534,951	436,342	22.6%
Light Trucks (Pickup Truck, SUV)	71,140	57,192	24.4%	683,523	535,106	27.7%
Total	128,961	97,789	31.9%	1,218,474	971,448	25.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV) (Chirey / Chery have been updated. December 7, 2023) 

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	Nov.	Share	Nov.	Share		Jan.-Nov.	Share	Jan.-Nov.	Share
Nissan	22,185	17.2%	14,235	14.6%	55.8%	216,542	17.8%	145,965	15.0%	48.4%
GM	16,690	12.9%	14,496	14.8%	15.1%	164,377	13.5%	146,217	15.1%	12.4%
VW Group	14,891	11.5%	5,367	5.5%	177.5%	134,804	11.1%	97,870	10.1%	37.7%
- VW	11,793	9.1%	3,645	3.7%	223.5%	102,538	8.4%	76,936	7.9%	33.3%
- SEAT	1,837	1.4%	836	0.9%	119.7%	18,962	1.6%	10,951	1.1%	73.2%
- Audi	1,116	0.9%	775	0.8%	44.0%	11,766	1.0%	8,753	0.9%	34.4%
- Porsche	144	0.1%	110	0.1%	30.9%	1,521	0.1%	1,216	0.1%	25.1%
- Bentley	1	0.0%	1	0.0%	0.0%	17	0.0%	14	0.0%	21.4%
Toyota	10,265	8.0%	9,374	9.6%	9.5%	93,274	7.7%	85,394	8.8%	9.2%
Mazda	8,607	6.7%	4,123	4.2%	108.8%	68,713	5.6%	41,090	4.2%	67.2%
Stellantis	8,146	6.3%	6,831	7.0%	19.3%	84,809	7.0%	65,482	6.7%	29.5%
- Chrysler *2	6,015	4.7%	5,605	5.7%	7.3%	61,649	5.1%	51,683	5.3%	19.3%
- Fiat	1,070	0.8%	703	0.7%	52.2%	10,788	0.9%	6,520	0.7%	65.5%
- Peugeot	1,012	0.8%	519	0.5%	95.0%	12,047	1.0%	7,175	0.7%	67.9%
- Alfa Romeo	49	0.0%	4	0.0%	1125.0%	325	0.0%	104	0.0%	212.5%
Kia	8,020	6.2%	7,803	8.0%	2.8%	85,583	7.0%	81,789	8.4%	4.6%
MG	6,301	4.9%	4,849	5.0%	29.9%	51,808	4.3%	42,841	4.4%	20.9%
Honda	4,962	3.8%	3,551	3.6%	39.7%	34,050	2.8%	36,195	3.7%	-5.9%
Hyundai	4,858	3.8%	3,966	4.1%	22.5%	44,546	3.7%	38,043	3.9%	17.1%
Ford Motor	4,699	3.6%	3,937	4.0%	19.4%	42,272	3.5%	36,957	3.8%	14.4%
Renault	3,305	2.6%	5,036	5.1%	-34.4%	38,326	3.1%	32,692	3.4%	17.2%
Suzuki	3,249	2.5%	3,098	3.2%	4.9%	33,461	2.7%	35,881	3.7%	-6.7%
Chirey / Chery *4	3,115	2.4%	2,221	2.3%	40.3%	35,523	2.9%	6,250	0.6%	468.4%
JAC	2,100	1.6%	1,518	1.6%	38.3%	18,667	1.5%	14,350	1.5%	30.1%
BMW *1	2,003	1.6%	1,450	1.5%	38.1%	15,747	1.3%	14,338	1.5%	9.8%
Mitsubishi	1,725	1.3%	2,280	2.3%	-24.3%	17,369	1.4%	18,157	1.9%	-4.3%
MOTORNATION *3	1,035	0.8%	700	0.7%	47.9%	8,825	0.7%	5,537	0.6%	59.4%
Mercedes-Benz	1,016	0.8%	1,655	1.7%	-38.6%	12,951	1.1%	13,922	1.4%	-7.0%
Volvo	543	0.4%	392	0.4%	38.5%	4,861	0.4%	3,770	0.4%	28.9%
Subaru	354	0.3%	211	0.2%	67.8%	3,467	0.3%	1,807	0.2%	91.9%
Lexus	271	0.2%	217	0.2%	24.9%	2,400	0.2%	1,476	0.2%	62.6%
Land Rover	147	0.1%	82	0.1%	79.3%	1,597	0.1%	1,019	0.1%	56.7%
Isuzu	128	0.1%	152	0.2%	-15.8%	1,326	0.1%	1,463	0.2%	-9.4%
Acura	127	0.1%	50	0.1%	154.0%	1,040	0.1%	865	0.1%	20.2%
Lincoln	108	0.1%	109	0.1%	-0.9%	1,162	0.1%	1,223	0.1%	-5.0%
Infiniti	101	0.1%	76	0.1%	32.9%	897	0.1%	763	0.1%	17.6%
Jaguar	10	0.0%	10	0.0%	0.0%	77	0.0%	92	0.0%	-16.3%
Total	128,961	100.0%	97,789	100.0%	31.9%	1,218,474	100.0%	971,448	100.0%	25.4%

*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)

Flash report, October 2023

Nov 6, 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 vehicle sales up 22.8% in October
On November 3, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 113,672 light vehicles in October, representing an 22.8% increase from the 92,596  sales in October 2022.
Nissan sold 19,147 units in October, an increase of 76.2% from the previous year.
Overall Volkswagen Group sales of 13,670 units in October increased 103.2% from the same month in 2022.
General Motors sold 16,341 units, an increase of 21.9% from last year.
Ford sold 4,074 units in October, an increase of 15.7% from 2022, while Stellantis Group sales decreased 27.4% to 5,999 units in October.
Toyota sold 9,182 units, an increase of 25.5%, while Honda sold 4,487 units, an increase of 9.1%, and Mazda sold 6,968 units, and increase of 23.9% from the same month last year.
Kia sales increased 2.7% to 7,606 units, while Hyundai sales increased 12.8% to 4,451 units.
JAC sold 2,024 vehicles, a 25.5% increase from last October.
Chery and Omoda brands sold 2,547 units, while Motornation sold 800 units of BAIC, Changan, and JMC vehicles.
Scotiabank maintained its September 11 forecast for Mexico at 1.16 million units for the full year 2023 and 1.23 million units for 2024, as of October 17.

Sales of new vehicles by type(including import cars)

	2023 Oct.	2022 Oct.	Y-o-Y	2023 Jan.-Oct.	2022 Jan.-Oct.	Y-o-Y
Cars	48,855	36,951	32.2%	477,130	395,745	20.6%
Light Trucks (Pickup Truck, SUV)	64,817	55,645	16.5%	612,383	477,914	28.1%
Total	113,672	92,596	22.8%	1,089,513	873,659	24.7%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV) (Mitsubishi,Chirey / Chery have been updated. November 8, 2023) 

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	Oct.	Share	Oct.	Share		Jan.-Oct.	Share	Jan.-Oct.	Share
Nissan	19,147	16.8%	10,866	11.7%	76.2%	194,357	17.8%	131,730	15.1%	47.5%
GM	16,341	14.4%	13,408	14.5%	21.9%	147,687	13.6%	131,721	15.1%	12.1%
VW Group	13,670	12.0%	6,726	7.3%	103.2%	119,913	11.0%	92,503	10.6%	29.6%
- VW	10,655	9.4%	4,778	5.2%	123.0%	90,745	8.3%	73,291	8.4%	23.8%
- SEAT	1,828	1.6%	1,210	1.3%	51.1%	17,125	1.6%	10,115	1.2%	69.3%
- Audi	1,023	0.9%	592	0.6%	72.8%	10,650	1.0%	7,978	0.9%	33.5%
- Porsche	161	0.1%	145	0.2%	11.0%	1,377	0.1%	1,106	0.1%	24.5%
- Bentley	3	0.0%	1	0.0%	200.0%	16	0.0%	13	0.0%	23.1%
Toyota	9,182	8.1%	7,319	7.9%	25.5%	83,009	7.6%	76,020	8.7%	9.2%
Kia	7,606	6.7%	7,406	8.0%	2.7%	77,563	7.1%	73,986	8.5%	4.8%
Mazda	6,968	6.1%	5,623	6.1%	23.9%	60,106	5.5%	36,967	4.2%	62.6%
Stellantis	5,999	5.3%	8,259	8.9%	-27.4%	76,663	7.0%	58,651	6.7%	30.7%
- Chrysler *2	4,580	4.0%	6,877	7.4%	-33.4%	55,634	5.1%	46,078	5.3%	20.7%
- Fiat	845	0.7%	660	0.7%	28.0%	9,718	0.9%	5,817	0.7%	67.1%
- Peugeot	542	0.5%	713	0.8%	-24.0%	11,035	1.0%	6,656	0.8%	65.8%
- Alfa Romeo	32	0.0%	9	0.0%	255.6%	276	0.0%	100	0.0%	176.0%
MG	5,010	4.4%	4,788	5.2%	4.6%	45,507	4.2%	37,992	4.3%	19.8%
Honda	4,487	3.9%	4,113	4.4%	9.1%	29,088	2.7%	32,644	3.7%	-10.9%
Hyundai	4,451	3.9%	3,947	4.3%	12.8%	39,688	3.6%	34,077	3.9%	16.5%
Ford Motor	4,074	3.6%	3,520	3.8%	15.7%	37,573	3.4%	33,020	3.8%	13.8%
Suzuki	2,869	2.5%	2,812	3.0%	2.0%	30,212	2.8%	32,783	3.8%	-7.8%
Renault	2,806	2.5%	4,435	4.8%	-36.7%	35,021	3.2%	27,656	3.2%	26.6%
Chirey / Chery *4	2,547	2.2%	1,495	1.6%	70.4%	32,408	3.0%	4,029	0.5%	704.4%
JAC	2,024	1.8%	1,613	1.7%	25.5%	16,567	1.5%	12,832	1.5%	29.1%
BMW *1	1,601	1.4%	1,150	1.2%	39.2%	13,744	1.3%	12,888	1.5%	6.6%
Mitsubishi	1,411	1.2%	1,665	1.8%	-15.3%	15,644	1.4%	15,877	1.8%	-1.5%
Mercedes-Benz	1,053	0.9%	1,368	1.5%	-23.0%	11,935	1.1%	12,267	1.4%	-2.7%
MOTORNATION *3	800	0.7%	771	0.8%	3.8%	7,790	0.7%	4,837	0.6%	61.1%
Volvo	546	0.5%	336	0.4%	62.5%	4,318	0.4%	3,378	0.4%	27.8%
Subaru	375	0.3%	250	0.3%	50.0%	3,113	0.3%	1,596	0.2%	95.1%
Lexus	196	0.2%	183	0.2%	7.1%	2,129	0.2%	1,259	0.1%	69.1%
Land Rover	158	0.1%	109	0.1%	45.0%	1,450	0.1%	937	0.1%	54.7%
Isuzu	98	0.1%	117	0.1%	-16.2%	1,198	0.1%	1,311	0.2%	-8.6%
Lincoln	93	0.1%	107	0.1%	-13.1%	1,054	0.1%	1,114	0.1%	-5.4%
Acura	81	0.1%	86	0.1%	-5.8%	913	0.1%	815	0.1%	12.0%
Infiniti	70	0.1%	111	0.1%	-36.9%	796	0.1%	687	0.1%	15.9%
Jaguar	9	0.0%	13	0.0%	-30.8%	67	0.0%	82	0.0%	-18.3%
Total	113,672	100.0%	92,596	100.0%	22.8%	1,089,513	100.0%	873,659	100.0%	24.7%

*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)

Flash report, September 2023

Oct 5, 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 vehicle sales jump 35.6% in September
On October 4, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 118,038 light vehicles in September, representing an 35.6% increase from the 87,051 sales in September 2022.
Nissan sold 20,146 units in September, an increase of 86.4% from the previous year.
Overall Volkswagen Group sales of 13,000 units in September increased 81.2% from the same month in 2022, with the VW brand selling 10,074 units, Audi selling 1,249 units, SEAT selling 1,514 units and Bentley selling 2.
General Motors sold 16,132 units, an increase of 13.7% from last year.
Ford sold 4,445 units in September, an increase of 38.0% from 2022, while Stellantis sales increased 38.4% to 8,483 units in September.
Toyota sold 8,746 units, an increase of 73.3%, and Honda sold 4,047 units, an increase of 24.9% from the same month last year.
Kia sales increased 4.9% to 7,770 units, while Hyundai sales increased 38.8% to 4,655 units.
JAC sold 1,703 vehicles, a 19.1% increase from last September.
Chery sold 3,687 units, while Motornation sold 782 units of BAIC, Changan, and JMC vehicles.
As of September 11, Scotiabank anticipates that full-year Mexican sales will be 1.16 million units in 2023 and 1.23 million units in 2024, respectively.

Sales of new vehicles by type(including import cars)

	2023 Sep.	2022 Sep.	Y-o-Y	2023 Jan.-Sep.	2022 Jan.-Sep.	Y-o-Y
Cars	50,469	37,959	33.0%	428,275	358,794	19.4%
Light Trucks (Pickup Truck, SUV)	67,569	49,092	37.6%	547,566	422,269	29.7%
Total	118,038	87,051	35.6%	975,841	781,063	24.9%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

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

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	Sep.	Share	Sep.	Share		Jan.-Sep.	Share	Jan.-Sep.	Share
Nissan	20,146	17.1%	10,807	12.4%	86.4%	175,210	18.0%	120,864	15.5%	45.0%
GM	16,132	13.7%	14,190	16.3%	13.7%	131,346	13.5%	118,313	15.1%	11.0%
VW Group	13,000	11.0%	7,176	8.2%	81.2%	106,243	10.9%	85,777	11.0%	23.9%
- VW	10,074	8.5%	5,587	6.4%	80.3%	80,090	8.2%	68,513	8.8%	16.9%
- SEAT	1,514	1.3%	817	0.9%	85.3%	15,297	1.6%	8,905	1.1%	71.8%
- Audi	1,249	1.1%	655	0.8%	90.7%	9,627	1.0%	7,386	0.9%	30.3%
- Porsche	161	0.1%	116	0.1%	38.8%	1,216	0.1%	961	0.1%	26.5%
- Bentley	2	0.0%	1	0.0%	100.0%	13	0.0%	12	0.0%	8.3%
Toyota	8,746	7.4%	5,046	5.8%	73.3%	73,827	7.6%	68,701	8.8%	7.5%
Stellantis	8,483	7.2%	6,130	7.0%	38.4%	70,664	7.2%	50,392	6.5%	40.2%
- Chrysler *2	6,127	5.2%	5,140	5.9%	19.2%	51,054	5.2%	39,201	5.0%	30.2%
- Peugeot	1,248	1.1%	167	0.2%	647.3%	10,493	1.1%	5,943	0.8%	76.6%
- Fiat	1,072	0.9%	813	0.9%	31.9%	8,873	0.9%	5,157	0.7%	72.1%
- Alfa Romeo	36	0.0%	10	0.0%	260.0%	244	0.0%	91	0.0%	168.1%
Kia	7,770	6.6%	7,405	8.5%	4.9%	69,957	7.2%	66,580	8.5%	5.1%
Mazda	6,795	5.8%	5,405	6.2%	25.7%	53,138	5.4%	31,344	4.0%	69.5%
MG	5,175	4.4%	4,508	5.2%	14.8%	40,497	4.1%	33,204	4.3%	22.0%
Hyundai	4,655	3.9%	3,354	3.9%	38.8%	35,237	3.6%	30,130	3.9%	16.9%
Ford Motor	4,445	3.8%	3,222	3.7%	38.0%	33,499	3.4%	29,500	3.8%	13.6%
Honda	4,047	3.4%	3,240	3.7%	24.9%	24,601	2.5%	28,531	3.7%	-13.8%
Chirey / Chery *4	3,687	3.1%	1,209	1.4%	205.0%	29,861	3.1%	2,534	0.3%	1078.4%
Renault	3,308	2.8%	4,157	4.8%	-20.4%	32,215	3.3%	23,221	3.0%	38.7%
Suzuki	2,849	2.4%	3,359	3.9%	-15.2%	27,343	2.8%	29,971	3.8%	-8.8%
BMW *1	1,768	1.5%	1,239	1.4%	42.7%	12,143	1.2%	11,738	1.5%	3.5%
JAC	1,703	1.4%	1,430	1.6%	19.1%	14,543	1.5%	11,219	1.4%	29.6%
Mitsubishi	1,440	1.2%	2,273	2.6%	-36.6%	14,233	1.5%	14,212	1.8%	0.1%
Mercedes-Benz	1,391	1.2%	1,223	1.4%	13.7%	10,882	1.1%	10,899	1.4%	-0.2%
MOTORNATION *3	782	0.7%	530	0.6%	47.5%	6,990	0.7%	4,066	0.5%	71.9%
Volvo	466	0.4%	334	0.4%	39.5%	3,772	0.4%	3,042	0.4%	24.0%
Subaru	404	0.3%	105	0.1%	284.8%	2,738	0.3%	1,346	0.2%	103.4%
Lexus	210	0.2%	137	0.2%	53.3%	1,933	0.2%	1,076	0.1%	79.6%
Land Rover	204	0.2%	229	0.3%	-10.9%	1,292	0.1%	828	0.1%	56.0%
Isuzu	130	0.1%	81	0.1%	60.5%	1,100	0.1%	1,194	0.2%	-7.9%
Acura	105	0.1%	25	0.0%	320.0%	832	0.1%	729	0.1%	14.1%
Lincoln	100	0.1%	112	0.1%	-10.7%	961	0.1%	1,007	0.1%	-4.6%
Infiniti	87	0.1%	107	0.1%	-18.7%	726	0.1%	576	0.1%	26.0%
Jaguar	10	0.0%	18	0.0%	-44.4%	58	0.0%	69	0.0%	-15.9%
Total	118,038	100.0%	87,051	100.0%	35.6%	975,841	100.0%	781,063	100.0%	24.9%

*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)

Flash report, August 2023

Sep 6, 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 vehicle sales up 23.8% in August
On September 5, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 113,873 light vehicles in August, representing a 23.8% increase from the 91,988 sales in August 2022.
General Motors sold 16,356 units in August, an increase of 17.2% from the previous year.
Volkswagen Group sales of 12,857 units in August had increased 40.6% from the same month in 2022.
Ford sold 4,107 units, an increase of 14.8%, and Stellantis sold 7,826 units, a increase of 12.4%.
Nissan sales of 21,182 units in August increased 61.9% from the same month last year.
Toyota sales increased 18.8% to 7,723 units, while Mazda sales increased 7.6% to 5,532 units in August.
Honda sold 2,790 units, a decrease of 31.6% from the same month in 2022.
Kia sold 7,915 units in August, an increase of 6.7% from 2022, while Hyundai sales increased 22.8% to 4,596 units.
JAC sold 1,453 vehicles, a 1.9% increase from a year ago in August.
Chery sold 3,771 units, while Motornation sold 850 units of BAIC, Changan, and JMC vehicles.
Scotiabank anticipates that full-year Mexican sales will be 1.16 million units in 2023 and 1.23 million units in 2024, respectively.

Sales of new vehicles by type(including import cars)

	2023 Aug.	2022 Aug.	Y-o-Y	2023 Jan.-Aug.	2022 Jan.-Aug.	Y-o-Y
Cars	50,769	41,435	22.5%	377,806	320,835	17.8%
Light Trucks (Pickup Truck, SUV)	63,104	50,553	24.8%	479,997	373,177	28.6%
Total	113,873	91,988	23.8%	857,803	694,012	23.6%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

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

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	Aug.	Share	Aug.	Share		Jan.-Aug.	Share	Jan.-Aug.	Share
Nissan	21,182	18.6%	13,082	14.2%	61.9%	155,064	18.1%	110,057	15.9%	40.9%
GM	16,356	14.4%	13,958	15.2%	17.2%	115,214	13.4%	104,123	15.0%	10.7%
VW Group	12,857	11.3%	9,146	9.9%	40.6%	93,243	10.9%	78,601	11.3%	18.6%
- VW	9,786	8.6%	6,727	7.3%	45.5%	70,016	8.2%	62,926	9.1%	11.3%
- SEAT	1,855	1.6%	1,527	1.7%	21.5%	13,783	1.6%	8,088	1.2%	70.4%
- Audi	1,037	0.9%	766	0.8%	35.4%	8,378	1.0%	6,731	1.0%	24.5%
- Porsche	179	0.2%	125	0.1%	43.2%	1,055	0.1%	845	0.1%	24.9%
- Bentley	0	0.0%	1	0.0%	-100.0%	11	0.0%	11	0.0%	0.0%
Kia	7,915	7.0%	7,417	8.1%	6.7%	62,187	7.2%	59,175	8.5%	5.1%
Stellantis	7,826	6.9%	6,961	7.6%	12.4%	62,181	7.2%	44,262	6.4%	40.5%
- Chrysler *2	5,669	5.0%	5,214	5.7%	8.7%	44,927	5.2%	34,061	4.9%	31.9%
- Fiat	1,177	1.0%	811	0.9%	45.1%	7,801	0.9%	4,344	0.6%	79.6%
- Peugeot	919	0.8%	921	1.0%	-0.2%	9,245	1.1%	5,776	0.8%	60.1%
- Alfa Romeo	61	0.1%	15	0.0%	306.7%	208	0.0%	81	0.0%	156.8%
Toyota	7,723	6.8%	6,499	7.1%	18.8%	65,081	7.6%	63,655	9.2%	2.2%
Mazda	5,532	4.9%	5,139	5.6%	7.6%	46,343	5.4%	25,939	3.7%	78.7%
MG	5,006	4.4%	4,655	5.1%	7.5%	35,322	4.1%	28,696	4.1%	23.1%
Hyundai	4,596	4.0%	3,744	4.1%	22.8%	30,582	3.6%	26,776	3.9%	14.2%
Ford Motor	4,107	3.6%	3,577	3.9%	14.8%	29,054	3.4%	26,278	3.8%	10.6%
Chirey / Chery *4	3,771	3.3%	864	0.9%	336.5%	26,174	3.1%	1,325	0.2%	1875.4%
Suzuki	3,254	2.9%	3,555	3.9%	-8.5%	24,494	2.9%	26,612	3.8%	-8.0%
Renault	3,100	2.7%	2,386	2.6%	29.9%	28,907	3.4%	19,064	2.7%	51.6%
Honda	2,790	2.5%	4,078	4.4%	-31.6%	20,554	2.4%	25,291	3.6%	-18.7%
Mitsubishi	1,605	1.4%	1,413	1.5%	13.6%	12,793	1.5%	11,939	1.7%	7.2%
JAC	1,453	1.3%	1,426	1.6%	1.9%	12,840	1.5%	9,789	1.4%	31.2%
BMW *1	1,186	1.0%	1,233	1.3%	-3.8%	10,375	1.2%	10,499	1.5%	-1.2%
Mercedes-Benz	1,162	1.0%	1,296	1.4%	-10.3%	9,491	1.1%	9,676	1.4%	-1.9%
MOTORNATION *3	850	0.7%	410	0.4%	107.3%	6,208	0.7%	3,536	0.5%	75.6%
Volvo	515	0.5%	280	0.3%	83.9%	3,306	0.4%	2,708	0.4%	22.1%
Subaru	408	0.4%	242	0.3%	68.6%	2,334	0.3%	1,241	0.2%	88.1%
Lexus	208	0.2%	123	0.1%	69.1%	1,723	0.2%	939	0.1%	83.5%
Land Rover	149	0.1%	102	0.1%	46.1%	1,088	0.1%	599	0.1%	81.6%
Infiniti	90	0.1%	82	0.1%	9.8%	639	0.1%	469	0.1%	36.2%
Isuzu	85	0.1%	132	0.1%	-35.6%	970	0.1%	1,113	0.2%	-12.8%
Lincoln	76	0.1%	135	0.1%	-43.7%	861	0.1%	895	0.1%	-3.8%
Acura	67	0.1%	45	0.0%	48.9%	727	0.1%	704	0.1%	3.3%
Jaguar	4	0.0%	8	0.0%	-50.0%	48	0.0%	51	0.0%	-5.9%
Total	113,873	100.0%	91,988	100.0%	23.8%	857,803	100.0%	694,012	100.0%	23.6%

*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)

Flash report, July 2023

Aug 3, 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 vehicle sales jump 32.6% in July
On August 2, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 110,843 light vehicles in July, representing a 32.6% increase from the 83,598 sales in July 2022.
General Motors sold 15,992 units in July, an increase of 16.3% from the previous year.
Volkswagen Group sales of 11,483 units in July had increased 10.6% from the same month in 2022.
Ford sold 4,052 units, an increase of 11.2%, and Stellantis sold 6,899 units, an increase of 38.2%.
Nissan sales of 18,614 units in July increased 98.4% from the same month last year.
Toyota sales increased 44.6% to 9,726 units, while Mazda sales increased 46.5% to 6,286 units in July.
Honda sold 3,014 units, a decrease of 3.9% from the same month in 2022.
Kia sold 7,707 units in July, an increase of 4.0% from 2022, while Hyundai sales increased 19.4% to 3,735 units.
JAC sold 1,621 vehicles, a 22.4% increase from a year ago in July.
Guillermo Rosales, president of the Mexican Association of Automotive Distributors (AMDA), pointed out: "The situation is positive: we are seeing a recovery in the supply to the distribution networks and the demand has proven to be resistant to inflation and high rates of interest".

Sales of new vehicles by type(including import cars)

	2023 Jul.	2022 Jul.	Y-o-Y	2023 Jan.-Jul.	2022 Jan.-Jul.	Y-o-Y
Cars	47,622	36,252	31.4%	327,037	279,400	17.0%
Light Trucks (Pickup Truck, SUV)	63,221	47,346	33.5%	416,893	322,624	29.2%
Total	110,843	83,598	32.6%	743,930	602,024	23.6%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV) (Chirey / Chery have been updated. August 10, 2023) 

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	Jul.	Share	Jul.	Share		Jan.-Jul.	Share	Jan.-Jul.	Share
Nissan	18,614	16.8%	9,383	11.2%	98.4%	133,882	18.0%	96,975	16.1%	38.1%
GM	15,992	14.4%	13,745	16.4%	16.3%	98,858	13.3%	90,165	15.0%	9.6%
VW Group	11,483	10.4%	10,387	12.4%	10.6%	80,386	10.8%	69,455	11.5%	15.7%
- VW	8,421	7.6%	7,891	9.4%	6.7%	60,230	8.1%	56,199	9.3%	7.2%
- SEAT	1,930	1.7%	1,543	1.8%	25.1%	11,928	1.6%	6,561	1.1%	81.8%
- Audi	1,013	0.9%	842	1.0%	20.3%	7,341	1.0%	5,965	1.0%	23.1%
- Porsche	117	0.1%	109	0.1%	7.3%	876	0.1%	720	0.1%	21.7%
- Bentley	2	0.0%	2	0.0%	0.0%	11	0.0%	10	0.0%	10.0%
Toyota	9,726	8.8%	6,728	8.0%	44.6%	57,358	7.7%	57,156	9.5%	0.4%
Kia	7,707	7.0%	7,409	8.9%	4.0%	54,272	7.3%	51,758	8.6%	4.9%
Stellantis	6,899	6.2%	4,993	6.0%	38.2%	54,355	7.3%	37,301	6.2%	45.7%
- Chrysler *2	4,750	4.3%	3,826	4.6%	24.2%	39,258	5.3%	28,847	4.8%	36.1%
- Peugeot	1,198	1.1%	268	0.3%	347.0%	8,326	1.1%	4,855	0.8%	71.5%
- Fiat	916	0.8%	890	1.1%	2.9%	6,624	0.9%	3,533	0.6%	87.5%
- Alfa Romeo	35	0.0%	9	0.0%	288.9%	147	0.0%	66	0.0%	122.7%
Mazda	6,286	5.7%	4,290	5.1%	46.5%	40,811	5.5%	20,800	3.5%	96.2%
MG	4,128	3.7%	3,612	4.3%	14.3%	30,316	4.1%	24,041	4.0%	26.1%
Ford Motor	4,052	3.7%	3,645	4.4%	11.2%	24,947	3.4%	22,701	3.8%	9.9%
Hyundai	3,735	3.4%	3,127	3.7%	19.4%	25,986	3.5%	23,032	3.8%	12.8%
Chirey / Chery *4	3,606	3.3%	461	0.6%	682.2%	22,403	3.0%	461	0.1%	4759.7%
Renault	3,600	3.2%	2,388	2.9%	50.8%	25,807	3.5%	16,678	2.8%	54.7%
Suzuki	3,518	3.2%	3,598	4.3%	-2.2%	21,240	2.9%	23,057	3.8%	-7.9%
Honda	3,014	2.7%	3,136	3.8%	-3.9%	17,764	2.4%	21,213	3.5%	-16.3%
Mitsubishi	1,649	1.5%	1,268	1.5%	30.0%	11,188	1.5%	10,526	1.7%	6.3%
JAC	1,621	1.5%	1,324	1.6%	22.4%	11,387	1.5%	8,363	1.4%	36.2%
BMW *1	1,444	1.3%	1,356	1.6%	6.5%	9,189	1.2%	9,266	1.5%	-0.8%
Mercedes-Benz	1,151	1.0%	1,060	1.3%	8.6%	8,329	1.1%	8,380	1.4%	-0.6%
MOTORNATION *3	1,100	1.0%	591	0.7%	86.1%	5,358	0.7%	3,126	0.5%	71.4%
Subaru	468	0.4%	80	0.1%	485.0%	1,926	0.3%	999	0.2%	92.8%
Volvo	265	0.2%	312	0.4%	-15.1%	2,791	0.4%	2,428	0.4%	15.0%
Lexus	230	0.2%	168	0.2%	36.9%	1,515	0.2%	816	0.1%	85.7%
Land Rover	157	0.1%	179	0.2%	-12.3%	939	0.1%	497	0.1%	88.9%
Isuzu	144	0.1%	104	0.1%	38.5%	885	0.1%	981	0.2%	-9.8%
Lincoln	111	0.1%	142	0.2%	-21.8%	785	0.1%	760	0.1%	3.3%
Acura	84	0.1%	40	0.0%	110.0%	660	0.1%	659	0.1%	0.2%
Infiniti	55	0.0%	62	0.1%	-11.3%	549	0.1%	387	0.1%	41.9%
Jaguar	4	0.0%	10	0.0%	-60.0%	44	0.0%	43	0.0%	2.3%
Total	110,843	100.0%	83,598	100.0%	32.6%	743,930	100.0%	602,024	100.0%	23.6%

*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)

Flash report, June 2023

Jul 5, 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 vehicle sales rise 25.7% in June
On July 4, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 113,553 light vehicles in June, representing a 25.7% increase from 90,368 sales in June 2022.
General Motors sold 15,405 units in June, an increase of 21.2% from the previous year.
Volkswagen Group sales of 11,937 units in June increased 1.2% from the same month in 2022.
Ford sold 4,414 units, an increase of 25.9%, and Stellantis sold 8,545 units, an increase of 19.2%. Renault sold 4,542 units, an increase of 85.4%.
Nissan sales of 21,011 units in June increased 50.3% from the same month last year.
Toyota sales increased 30.7% to 9,208 units, while Mazda sales increased 123.4% to 5,539 units in June.
Honda sold 2,152 units, a decrease of 31.9% from the same month last year.
Kia sold 8,005 units in June, an increase of 8.1% from 2022, while Hyundai sales increased 25.9% to 4,117 units.
MG Motor sales increased 2.8% to 4,121 units.
Chery sold 3,665 units, and JAC sold 1,544 vehicles, a 22.4% increase from last June.
Guillermo Rosales, president of the Mexican Association of Automotive Distributors (AMDA), assured that the balance of the first half of the year is "favorable: the supply to the distributor networks is recovered and the demand capacity has shown resilience in the face of the inflation and high interest rates.

Sales of new vehicles by type(including import cars)

	2023 Jun.	2022 Jun.	Y-o-Y	2023 Jan.-Jun.	2022 Jan.-Jun.	Y-o-Y
Cars	48,891	41,391	18.1%	279,415	243,148	14.9%
Light Trucks (Pickup Truck, SUV)	64,662	48,977	32.0%	353,672	275,278	28.5%
Total	113,553	90,368	25.7%	633,087	518,426	22.1%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

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

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	Jun.	Share	Jun.	Share		Jan.-Jun.	Share	Jan.-Jun.	Share
Nissan	21,011	18.5%	13,975	15.5%	50.3%	115,268	18.2%	87,592	16.9%	31.6%
GM	15,405	13.6%	12,712	14.1%	21.2%	82,866	13.1%	76,420	14.7%	8.4%
VW Group	11,937	10.5%	11,800	13.1%	1.2%	68,903	10.9%	59,068	11.4%	16.7%
- VW	8,883	7.8%	8,892	9.8%	-0.1%	51,809	8.2%	48,308	9.3%	7.2%
- SEAT	1,747	1.5%	1,722	1.9%	1.5%	9,998	1.6%	5,018	1.0%	99.2%
- Audi	1,186	1.0%	1,098	1.2%	8.0%	6,328	1.0%	5,123	1.0%	23.5%
- Porsche	118	0.1%	88	0.1%	34.1%	759	0.1%	611	0.1%	24.2%
- Bentley	3	0.0%	0	0.0%	-%	9	0.0%	8	0.0%	12.5%
Toyota	9,208	8.1%	7,047	7.8%	30.7%	47,632	7.5%	50,428	9.7%	-5.5%
Stellantis	8,545	7.5%	7,169	7.9%	19.2%	47,456	7.5%	32,308	6.2%	46.9%
- Chrysler *2	5,248	4.6%	5,362	5.9%	-2.1%	34,508	5.5%	25,021	4.8%	37.9%
- Peugeot	1,999	1.8%	1,025	1.1%	95.0%	7,128	1.1%	4,587	0.9%	55.4%
- Fiat	1,249	1.1%	772	0.9%	61.8%	5,708	0.9%	2,643	0.5%	116.0%
- Alfa Romeo	49	0.0%	10	0.0%	390.0%	112	0.0%	57	0.0%	96.5%
Kia	8,005	7.0%	7,407	8.2%	8.1%	46,565	7.4%	44,349	8.6%	5.0%
Mazda	5,539	4.9%	2,479	2.7%	123.4%	34,525	5.5%	16,510	3.2%	109.1%
Renault	4,542	4.0%	2,450	2.7%	85.4%	22,207	3.5%	14,290	2.8%	55.4%
Ford Motor	4,414	3.9%	3,506	3.9%	25.9%	20,895	3.3%	19,056	3.7%	9.7%
MG	4,121	3.6%	4,009	4.4%	2.8%	26,188	4.1%	20,429	3.9%	28.2%
Hyundai	4,117	3.6%	3,271	3.6%	25.9%	22,251	3.5%	19,905	3.8%	11.8%
Chirey / Chery *4	3,665	3.2%	-	-%	-%	18,797	3.0%	-	-%	-%
Suzuki	2,363	2.1%	3,591	4.0%	-34.2%	17,722	2.8%	19,459	3.8%	-8.9%
Honda	2,152	1.9%	3,161	3.5%	-31.9%	14,750	2.3%	18,077	3.5%	-18.4%
Mitsubishi	1,962	1.7%	1,906	2.1%	2.9%	9,539	1.5%	9,258	1.8%	3.0%
BMW *1	1,557	1.4%	1,433	1.6%	8.7%	7,745	1.2%	7,910	1.5%	-2.1%
JAC	1,544	1.4%	1,261	1.4%	22.4%	9,766	1.5%	7,039	1.4%	38.7%
Mercedes-Benz	1,222	1.1%	1,412	1.6%	-13.5%	7,178	1.1%	7,320	1.4%	-1.9%
MOTORNATION *3	668	0.6%	580	0.6%	15.2%	4,258	0.7%	2,535	0.5%	68.0%
Volvo	512	0.5%	314	0.3%	63.1%	2,526	0.4%	2,116	0.4%	19.4%
Subaru	361	0.3%	228	0.3%	58.3%	1,458	0.2%	919	0.2%	58.7%
Lexus	219	0.2%	208	0.2%	5.3%	1,285	0.2%	648	0.1%	98.3%
Land Rover	150	0.1%	78	0.1%	92.3%	782	0.1%	318	0.1%	145.9%
Isuzu	116	0.1%	116	0.1%	0.0%	741	0.1%	877	0.2%	-15.5%
Lincoln	93	0.1%	123	0.1%	-24.4%	674	0.1%	618	0.1%	9.1%
Infiniti	72	0.1%	67	0.1%	7.5%	494	0.1%	325	0.1%	52.0%
Acura	50	0.0%	61	0.1%	-18.0%	576	0.1%	619	0.1%	-6.9%
Jaguar	3	0.0%	4	0.0%	-25.0%	40	0.0%	33	0.0%	21.2%
Total	113,553	100.0%	90,368	100.0%	25.7%	633,087	100.0%	518,426	100.0%	22.1%

*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)

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 vehicle sales rise 17.1% in May
On June 2, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 106,798 light vehicles in May, representing a 17.1% increase from the 91,215 sales in May 2022.
General Motors sold 13,647 units in May, an increase of 11.1% from the previous year.
Volkswagen Group sales of 11,592 units in May had increased 3.8% from the same month in 2022.
Ford sold 3,736 units, an increase of 15.5%, and Stellantis sold 6,997 units, an increase of 36.6%.
Nissan sales of 20,045 units in May increased 42.2% from the same month last year.
Toyota sales decreased 18.3% to 8,334 units, while Mazda sales increased 178.1% to 5,945 units in May.
Honda sold 2,177 units, a decrease of 30.5% from the same month last year.
Kia sold 7,803 units in May, an increase of 5.3% from 2022, while Hyundai sales increased 17.3% to 3,916 units.
MG Motor sales increased 15.0% to 5,002 units and JAC sold 1,537 vehicles, a 22.2% increase from last May.
"This level of sales is higher than sales in the same month of 2019, standing 0.3% above the 102,422 units sold then," Guillermo Rosales, president of AMDA said.
"The positive results for May continue to reflect an improvement in the level of inventory and a better performance in the various brands in the market," Rosales added.

Sales of new vehicles by type(including import cars)

	2023 May	2022 May	Y-o-Y	2023 Jan.-May	2022 Jan.-May	Y-o-Y
Cars	46,474	43,359	7.2%	230,524	201,757	14.3%
Light Trucks (Pickup Truck, SUV)	60,324	47,856	26.1%	289,010	226,301	27.7%
Total	106,798	91,215	17.1%	519,534	428,058	21.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Sales of New Passenger Cars and Light Trucks (Pickup Truck, SUV) (Sales figures of Renault have been updated. April June 7, 2023)

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	May	Share	May	Share		Jan.-May	Share	Jan.-May	Share
Nissan	20,045	18.8%	14,095	15.5%	42.2%	94,257	18.1%	73,617	17.2%	28.0%
GM	13,647	12.8%	12,282	13.5%	11.1%	67,461	13.0%	63,708	14.9%	5.9%
VW Group	11,592	10.9%	11,163	12.2%	3.8%	56,966	11.0%	47,268	11.0%	20.5%
- VW	9,067	8.5%	9,561	10.5%	-5.2%	42,926	8.3%	39,416	9.2%	8.9%
- SEAT	1,346	1.3%	710	0.8%	89.6%	8,251	1.6%	3,296	0.8%	150.3%
- Audi	1,045	1.0%	813	0.9%	28.5%	5,142	1.0%	4,025	0.9%	27.8%
- Porsche	132	0.1%	78	0.1%	69.2%	641	0.1%	523	0.1%	22.6%
- Bentley	2	0.0%	1	0.0%	100.0%	6	0.0%	8	0.0%	-25.0%
Toyota	8,334	7.8%	10,200	11.2%	-18.3%	38,424	7.4%	43,381	10.1%	-11.4%
Kia	7,803	7.3%	7,411	8.1%	5.3%	38,560	7.4%	36,942	8.6%	4.4%
Stellantis	6,997	6.6%	5,122	5.6%	36.6%	38,911	7.5%	25,139	5.9%	54.8%
- Chrysler *2	5,045	4.7%	4,379	4.8%	15.2%	29,260	5.6%	19,659	4.6%	48.8%
- Peugeot	988	0.9%	306	0.3%	222.9%	5,129	1.0%	3,562	0.8%	44.0%
- Fiat	958	0.9%	427	0.5%	124.4%	4,459	0.9%	1,871	0.4%	138.3%
- Alfa Romeo	6	0.0%	10	0.0%	-40.0%	63	0.0%	47	0.0%	34.0%
Mazda	5,945	5.6%	2,138	2.3%	178.1%	28,986	5.6%	14,031	3.3%	106.6%
MG	5,002	4.7%	4,350	4.8%	15.0%	22,067	4.2%	16,420	3.8%	34.4%
Renault	4,101	3.8%	4,009	4.4%	2.3%	17,665	3.4%	11,840	2.8%	49.2%
Hyundai	3,916	3.7%	3,338	3.7%	17.3%	18,134	3.5%	16,634	3.9%	9.0%
Ford Motor	3,736	3.5%	3,234	3.5%	15.5%	16,481	3.2%	15,550	3.6%	6.0%
Suzuki	2,946	2.8%	3,671	4.0%	-19.7%	15,359	3.0%	15,868	3.7%	-3.2%
Chirey / Chery *4	2,824	2.6%	-	-%	-%	15,132	2.9%	-	-%	-%
Honda	2,177	2.0%	3,134	3.4%	-30.5%	12,598	2.4%	14,916	3.5%	-15.5%
Mitsubishi	1,554	1.5%	1,258	1.4%	23.5%	7,577	1.5%	7,352	1.7%	3.1%
JAC	1,537	1.4%	1,258	1.4%	22.2%	8,222	1.6%	5,778	1.3%	42.3%
BMW *1	1,395	1.3%	1,178	1.3%	18.4%	6,188	1.2%	6,477	1.5%	-4.5%
Mercedes-Benz	1,289	1.2%	1,552	1.7%	-16.9%	5,956	1.1%	5,908	1.4%	0.8%
MOTORNATION *3	675	0.6%	511	0.6%	32.1%	3,590	0.7%	1,955	0.5%	83.6%
Volvo	457	0.4%	402	0.4%	13.7%	2,014	0.4%	1,802	0.4%	11.8%
Lexus	207	0.2%	156	0.2%	32.7%	1,066	0.2%	440	0.1%	142.3%
Land Rover	152	0.1%	30	0.0%	406.7%	632	0.1%	240	0.1%	163.3%
Isuzu	121	0.1%	240	0.3%	-49.6%	625	0.1%	761	0.2%	-17.9%
Subaru	104	0.1%	140	0.2%	-25.7%	1,097	0.2%	691	0.2%	58.8%
Lincoln	98	0.1%	133	0.1%	-26.3%	581	0.1%	495	0.1%	17.4%
Infiniti	78	0.1%	67	0.1%	16.4%	422	0.1%	258	0.1%	63.6%
Acura	59	0.1%	138	0.2%	-57.2%	526	0.1%	558	0.1%	-5.7%
Jaguar	7	0.0%	5	0.0%	40.0%	37	0.0%	29	0.0%	27.6%
Total	106,798	100.0%	91,215	100.0%	17.1%	519,534	100.0%	428,058	100.0%	21.4%

*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)

Flash report, April 2023

May 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 vehicle sales climb 17.0% in April
On May 4, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 97,610 light vehicles in April, representing a 17.0% increase from the 83,459 sales in April 2022.
General Motors sold 14,629 units in April, an increase of 6.3% from the previous year.
Ford sold 3,164 units, an increase of 14.5%, and Stellantis sold 8,030 units, an increase of 44.8%.
Volkswagen Group sales of 11,628 units in April had increased 25.8% from the same month in 2022.
Nissan sales of 15,025 units in April increased 10.9% from the same month last year.
Toyota sales decreased 23.7% to 7,233 units, while Mazda sales increased 608.6% to 3,777 units in April.
Honda sold 1,623 units, a decrease of 26.4% from the same month last year.
Kia sold 7,610 units in April, an increase of 8.7% from 2022, while Hyundai sales increased 7.9% to 3,436 units.
JAC sold 1,764 vehicles, an increase of 44.6% from last year.
Chery sold 2,929 vehicles in April, while Motornation sold 542 units of BAIC, Changan, and JMC brand vehicles.
The sales volume is the highest since April 2020, when economic activity in Mexico and the world was closed due to the pandemic. “The positive results for the month of April continue to reflect improved inventory levels and better performance in the different brands in the market,” said Guillermo Rosales, president of AMDA.

Sales of new vehicles by type(including import cars)

	2023 Apr.	2022 Apr.	Y-o-Y	2023 Jan.-Apr.	2022 Jan.-Apr.	Y-o-Y
Cars	39,889	40,522	-1.6%	184,050	158,398	16.2%
Light Trucks (Pickup Truck, SUV)	57,721	42,937	34.4%	228,686	178,445	28.2%
Total	97,610	83,459	17.0%	412,736	336,843	22.5%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

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

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	Apr.	Share	Apr.	Share		Jan.-Apr.	Share	Jan.-Apr.	Share
Nissan	15,025	15.4%	13,549	16.2%	10.9%	74,212	18.0%	59,522	17.7%	24.7%
GM	14,629	15.0%	13,766	16.5%	6.3%	53,814	13.0%	51,426	15.3%	4.6%
VW Group	11,628	11.9%	9,242	11.1%	25.8%	45,374	11.0%	36,105	10.7%	25.7%
- VW	8,985	9.2%	7,524	9.0%	19.4%	33,859	8.2%	29,855	8.9%	13.4%
- SEAT	1,610	1.6%	868	1.0%	85.5%	6,905	1.7%	2,586	0.8%	167.0%
- Audi	893	0.9%	735	0.9%	21.5%	4,097	1.0%	3,212	1.0%	27.6%
- Porsche	140	0.1%	114	0.1%	22.8%	509	0.1%	445	0.1%	14.4%
- Bentley	0	0.0%	1	0.0%	-100.0%	4	0.0%	7	0.0%	-42.9%
Stellantis	8,030	8.2%	5,544	6.6%	44.8%	31,914	7.7%	20,017	5.9%	59.4%
- Chrysler *2	5,740	5.9%	4,823	5.8%	19.0%	24,215	5.9%	15,280	4.5%	58.5%
- Peugeot	1,191	1.2%	401	0.5%	197.0%	4,141	1.0%	3,256	1.0%	27.2%
- Fiat	1,069	1.1%	303	0.4%	252.8%	3,501	0.8%	1,444	0.4%	142.5%
- Alfa Romeo	30	0.0%	17	0.0%	76.5%	57	0.0%	37	0.0%	54.1%
Kia	7,610	7.8%	7,003	8.4%	8.7%	30,757	7.5%	29,531	8.8%	4.2%
Toyota	7,233	7.4%	9,478	11.4%	-23.7%	30,090	7.3%	33,181	9.9%	-9.3%
Renault	4,149	4.3%	2,173	2.6%	90.9%	13,564	3.3%	7,831	2.3%	73.2%
MG	4,002	4.1%	3,192	3.8%	25.4%	17,065	4.1%	12,070	3.6%	41.4%
Mazda	3,777	3.9%	533	0.6%	608.6%	23,041	5.6%	11,893	3.5%	93.7%
Hyundai	3,436	3.5%	3,185	3.8%	7.9%	14,218	3.4%	13,296	3.9%	6.9%
Ford Motor	3,164	3.2%	2,764	3.3%	14.5%	12,745	3.1%	12,316	3.7%	3.5%
Suzuki	2,993	3.1%	3,302	4.0%	-9.4%	12,413	3.0%	12,197	3.6%	1.8%
Chirey / Chery	2,929	3.0%	-	-%	-%	12,308	3.0%	-	-%	-%
JAC	1,764	1.8%	1,220	1.5%	44.6%	6,685	1.6%	4,520	1.3%	47.9%
Honda	1,623	1.7%	2,204	2.6%	-26.4%	10,421	2.5%	11,782	3.5%	-11.6%
Mitsubishi	1,450	1.5%	2,118	2.5%	-31.5%	6,023	1.5%	6,094	1.8%	-1.2%
BMW *1	1,160	1.2%	1,323	1.6%	-12.3%	4,793	1.2%	5,299	1.6%	-9.5%
Mercedes-Benz	1,009	1.0%	1,308	1.6%	-22.9%	4,667	1.1%	4,356	1.3%	7.1%
MOTORNATION *3	542	0.6%	400	0.5%	35.5%	2,915	0.7%	1,444	0.4%	101.9%
Volvo	446	0.5%	449	0.5%	-0.7%	1,557	0.4%	1,400	0.4%	11.2%
Lexus	234	0.2%	85	0.1%	175.3%	859	0.2%	284	0.1%	202.5%
Subaru	194	0.2%	100	0.1%	94.0%	993	0.2%	551	0.2%	80.2%
Land Rover	176	0.2%	28	0.0%	528.6%	480	0.1%	210	0.1%	128.6%
Lincoln	127	0.1%	114	0.1%	11.4%	483	0.1%	362	0.1%	33.4%
Isuzu	123	0.1%	168	0.2%	-26.8%	504	0.1%	521	0.2%	-3.3%
Acura	85	0.1%	128	0.2%	-33.6%	467	0.1%	420	0.1%	11.2%
Infiniti	65	0.1%	80	0.1%	-18.8%	344	0.1%	191	0.1%	80.1%
Jaguar	7	0.0%	3	0.0%	133.3%	30	0.0%	24	0.0%	25.0%
Total	97,610	100.0%	83,459	100.0%	17.0%	412,736	100.0%	336,843	100.0%	22.5%

*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.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

Flash report, March 2023

Apr 5, 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 vehicle sales jump 24.8% in March
On April 4, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 118,801 light vehicles in March, representing a 24.8% increase from the same month in 2022.
General Motors sold 15,387 units in March, an increase of 11.5% from the previous year.
Volkswagen Group sales of 11,980 units in March increased 20.0% from the same month in 2022.
Ford sold 3,177 units, an increase of 3.1%, and Stellantis sold 10,150 units, an increase of 28.5%.
Nissan sales of 22,623 units in March increased 34.7% from the same month last year.
Toyota sold 7,231 units, a decrease of 15.9% from March 2022.
Honda sold 3,274 units, a decrease of 24.5% from the same month last year, while Mazda sales increased 83.2% to 7,105 units.
Kia sold 8,301 units in March, an increase of 1.8% from 2022, while Hyundai sales increased 4.7% to 3,591 units.
With local production at Giant Motors, JAC sold 1,713 units in March, a 51.3% increase from the previous year.
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. As expected, Mexico's central bank raised interest rates to 11% in February 2023.

Sales of new vehicles by type(including import cars)

	2023 Mar.	2022 Mar.	Y-o-Y	2023 Jan.-Mar.	2022 Jan.-Mar.	Y-o-Y
Cars	55,141	43,743	26.1%	144,161	117,876	22.3%
Light Trucks (Pickup Truck, SUV)	63,660	51,456	23.7%	170,965	135,508	26.2%
Total	118,801	95,199	24.8%	315,126	253,384	24.4%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

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

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	Mar.	Share	Mar.	Share		Jan.-Mar.	Share	Jan.-Mar.	Share
Nissan	22,623	19.0%	16,800	17.6%	34.7%	59,187	18.8%	45,973	18.1%	28.7%
GM	15,387	13.0%	13,801	14.5%	11.5%	39,185	12.4%	37,660	14.9%	4.0%
VW Group	11,980	10.1%	9,987	10.5%	20.0%	33,746	10.7%	26,863	10.6%	25.6%
- VW	8,540	7.2%	8,235	8.7%	3.7%	24,874	7.9%	22,331	8.8%	11.4%
- SEAT	2,054	1.7%	617	0.6%	232.9%	5,295	1.7%	1,718	0.7%	208.2%
- Audi	1,233	1.0%	1,028	1.1%	19.9%	3,204	1.0%	2,477	1.0%	29.4%
- Porsche	150	0.1%	103	0.1%	45.6%	369	0.1%	331	0.1%	11.5%
- Bentley	3	0.0%	4	0.0%	-25.0%	4	0.0%	6	0.0%	-33.3%
Stellantis	10,150	8.5%	7,897	8.3%	28.5%	23,884	7.6%	14,473	5.7%	65.0%
- Chrysler *2	7,931	6.7%	5,756	6.0%	37.8%	18,475	5.9%	10,457	4.1%	76.7%
- Peugeot	1,322	1.1%	1,347	1.4%	-1.9%	2,950	0.9%	2,855	1.1%	3.3%
- Fiat	888	0.7%	788	0.8%	12.7%	2,432	0.8%	1,141	0.5%	113.1%
- Alfa Romeo	9	0.0%	6	0.0%	50.0%	27	0.0%	20	0.0%	35.0%
Kia	8,301	7.0%	8,155	8.6%	1.8%	23,147	7.3%	22,528	8.9%	2.7%
Toyota	7,231	6.1%	8,596	9.0%	-15.9%	22,857	7.3%	23,703	9.4%	-3.6%
Mazda	7,105	6.0%	3,879	4.1%	83.2%	19,264	6.1%	11,360	4.5%	69.6%
MG	4,925	4.1%	3,502	3.7%	40.6%	13,063	4.1%	8,878	3.5%	47.1%
Renault	4,442	3.7%	2,150	2.3%	106.6%	9,415	3.0%	5,658	2.2%	66.4%
Suzuki	3,944	3.3%	3,164	3.3%	24.7%	9,420	3.0%	8,895	3.5%	5.9%
Hyundai	3,591	3.0%	3,431	3.6%	4.7%	10,782	3.4%	10,111	4.0%	6.6%
Chirey / Chery	3,369	2.8%	-	-%	-%	9,379	3.0%	-	-%	-%
Honda	3,274	2.8%	4,334	4.6%	-24.5%	8,798	2.8%	9,578	3.8%	-8.1%
Ford Motor	3,177	2.7%	3,080	3.2%	3.1%	9,581	3.0%	9,552	3.8%	0.3%
Mitsubishi	2,336	2.0%	1,223	1.3%	91.0%	4,573	1.5%	3,976	1.6%	15.0%
JAC	1,713	1.4%	1,132	1.2%	51.3%	4,921	1.6%	3,300	1.3%	49.1%
Mercedes-Benz	1,624	1.4%	1,228	1.3%	32.2%	3,658	1.2%	3,048	1.2%	20.0%
BMW *1	1,133	1.0%	1,390	1.5%	-18.5%	3,633	1.2%	3,976	1.6%	-8.6%
MOTORNATION *3	1,035	0.9%	405	0.4%	155.6%	2,373	0.8%	1,044	0.4%	127.3%
Volvo	435	0.4%	386	0.4%	12.7%	1,111	0.4%	951	0.4%	16.8%
Lexus	230	0.2%	77	0.1%	198.7%	625	0.2%	199	0.1%	214.1%
Land Rover	170	0.1%	61	0.1%	178.7%	304	0.1%	182	0.1%	67.0%
Isuzu	162	0.1%	146	0.2%	11.0%	381	0.1%	353	0.1%	7.9%
Subaru	157	0.1%	122	0.1%	28.7%	799	0.3%	451	0.2%	77.2%
Lincoln	140	0.1%	87	0.1%	60.9%	356	0.1%	248	0.1%	43.5%
Infiniti	88	0.1%	20	0.0%	340.0%	279	0.1%	111	0.0%	151.4%
Acura	75	0.1%	135	0.1%	-44.4%	382	0.1%	292	0.1%	30.8%
Jaguar	4	0.0%	11	0.0%	-63.6%	23	0.0%	21	0.0%	9.5%
Total	118,801	100.0%	95,199	100.0%	24.8%	315,126	100.0%	253,384	100.0%	24.4%

*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.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

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.

Mexican vehicle sales up 28.0% in February
On March 2, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported 101,911 light vehicles sold in February, representing a 28.0% increase from the same month in 2022.
The sales figure in February 2023 is the third time the level of 1000,000 units per month has been exceeded in the last 36 months. In the last 36 months (from March 2020 to February 2023), monthly vehicle sales exceeded 100,000 units only three times: December 2020 with 105,135 units, December 2022 with 120,862 units, and February 2023.
General Motors sold 13,376 units in February, an increase of 9.2% from the previous year.
Volkswagen Group sales of 11,475 units in February had increased 29.2% from the same month in 2022.
Ford sold 3,047 units, a decrease of 3.2%, and Stellantis sold 8,179 units, an increase of 124.3%.
Nissan sales of 19,417 units in February increased 28.1% from the same month last year.
Toyota sold 7,270 units, an increase of 10.6% from February 2022.
Honda sold 2,347 units, an increase of 23.8% from the same month last year, while Mazda sales increased 39.0% to 5,568 units.
Kia sold 7,341 units in February, an increase of 4.6% from 2022, while Hyundai sales increased 1.0% to 3,918 units.
With local production at Giant Motors, JAC sold 1,502 units in February, a 38.4% increase from the previous year. MG sales increased 51.2% to 4,602 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.

Sales of new vehicles by type(including import cars)

	2023 Feb.	2022 Feb.	Y-o-Y	2023 Jan.-Feb.	2022 Jan.-Feb.	Y-o-Y
Cars	48,292	36,856	31.0%	89,020	74,133	20.1%
Light Trucks (Pickup Truck, SUV)	53,619	42,744	25.4%	107,305	84,052	27.7%
Total	101,911	79,600	28.0%	196,325	158,185	24.1%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

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

Maker/Brand	2023		2022		Y-o-Y	2023		2022		Y-o-Y
	Feb.	Share	Feb.	Share		Jan.-Feb.	Share	Jan.-Feb.	Share
Nissan	19,417	19.1%	15,157	19.0%	28.1%	36,564	18.6%	29,173	18.4%	25.3%
GM	13,376	13.1%	12,244	15.4%	9.2%	23,798	12.1%	23,859	15.1%	-0.3%
VW Group	11,475	11.3%	8,885	11.2%	29.2%	21,766	11.1%	16,876	10.7%	29.0%
- VW	8,727	8.6%	7,176	9.0%	21.6%	16,334	8.3%	14,096	8.9%	15.9%
- SEAT	1,674	1.6%	671	0.8%	149.5%	3,241	1.7%	1,101	0.7%	194.4%
- Audi	961	0.9%	925	1.2%	3.9%	1,971	1.0%	1,449	0.9%	36.0%
- Porsche	113	0.1%	113	0.1%	0.0%	219	0.1%	228	0.1%	-3.9%
- Bentley	0	0.0%	0	0.0%	-%	1	0.0%	2	0.0%	-50.0%
Stellantis	8,179	8.0%	3,647	4.6%	124.3%	13,734	7.0%	6,576	4.2%	108.9%
- Chrysler *2	6,942	6.8%	2,939	3.7%	136.2%	10,544	5.4%	4,701	3.0%	124.3%
- Fiat	681	0.7%	138	0.2%	393.5%	1,544	0.8%	353	0.2%	337.4%
- Peugeot	548	0.5%	562	0.7%	-2.5%	1,628	0.8%	1,508	1.0%	8.0%
- Alfa Romeo	8	0.0%	8	0.0%	0.0%	18	0.0%	14	0.0%	28.6%
Kia	7,341	7.2%	7,018	8.8%	4.6%	14,846	7.6%	14,373	9.1%	3.3%
Toyota	7,270	7.1%	6,574	8.3%	10.6%	15,626	8.0%	15,107	9.6%	3.4%
Mazda	5,568	5.5%	4,007	5.0%	39.0%	12,159	6.2%	7,481	4.7%	62.5%
MG	4,602	4.5%	3,044	3.8%	51.2%	8,138	4.1%	5,376	3.4%	51.4%
Hyundai	3,918	3.8%	3,879	4.9%	1.0%	7,191	3.7%	6,680	4.2%	7.6%
Ford Motor	3,047	3.0%	3,149	4.0%	-3.2%	6,404	3.3%	6,472	4.1%	-1.1%
Chirey / Chery	3,008	3.0%	-	-%	-%	6,010	3.1%	-	-%	-%
Suzuki	2,685	2.6%	3,140	3.9%	-14.5%	5,476	2.8%	5,731	3.6%	-4.4%
Honda	2,347	2.3%	1,896	2.4%	23.8%	5,524	2.8%	5,244	3.3%	5.3%
Renault	2,168	2.1%	1,122	1.4%	93.2%	4,973	2.5%	3,508	2.2%	41.8%
JAC	1,502	1.5%	1,085	1.4%	38.4%	3,208	1.6%	2,168	1.4%	48.0%
Mercedes-Benz	1,265	1.2%	818	1.0%	54.6%	2,034	1.0%	1,820	1.2%	11.8%
BMW *1	1,166	1.1%	1,273	1.6%	-8.4%	2,500	1.3%	2,586	1.6%	-3.3%
Mitsubishi	1,158	1.1%	1,428	1.8%	-18.9%	2,237	1.1%	2,753	1.7%	-18.7%
MOTORNATION *3	834	0.8%	316	0.4%	163.9%	1,338	0.7%	639	0.4%	109.4%
Volvo	372	0.4%	301	0.4%	23.6%	676	0.3%	565	0.4%	19.6%
Subaru	306	0.3%	181	0.2%	69.1%	642	0.3%	329	0.2%	95.1%
Lexus	233	0.2%	58	0.1%	301.7%	395	0.2%	122	0.1%	223.8%
Acura	202	0.2%	65	0.1%	210.8%	307	0.2%	157	0.1%	95.5%
Infiniti	134	0.1%	37	0.0%	262.2%	191	0.1%	91	0.1%	109.9%
Isuzu	129	0.1%	130	0.2%	-0.8%	219	0.1%	207	0.1%	5.8%
Lincoln	112	0.1%	69	0.1%	62.3%	216	0.1%	161	0.1%	34.2%
Land Rover	87	0.1%	71	0.1%	22.5%	134	0.1%	121	0.1%	10.7%
Jaguar	10	0.0%	6	0.0%	66.7%	19	0.0%	10	0.0%	90.0%
Total	101,911	100.0%	79,600	100.0%	28.0%	196,325	100.0%	158,185	100.0%	24.1%

*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.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)

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.

Mexican vehicle sales up 20.1% in January
On February 2, Mexico’s Institito Nacional de Estadistica y Geografia (INEGI) reported sales of 94,414 light vehicles in January 2023, representing a 20.1% increase from the same month in 2022.
General Motors sold 10,422 units in January, a decrease of 10.3% from the previous year.
Volkswagen Group sales of 10,291 units in January had increased 28.8% from the same month in 2022.
Ford sold 3,357 units, an increase of 1.0%, and Stellantis sold 5,555 units, an increase of 89.7%.
Nissan sales of 17,147 units in January increased 22.3% from the same month last year.
Toyota sold 8,356 units, a decrease of 2.1% from 2022, and Honda sold 3,177 units, a decrease of 5.1% from January 2022. Mazda sales increased by 89.7% compared to January 2022 to 6,591 units.
Kia sold 7,505 units in January, an increase of 2.0% from 2022, while Hyundai sales increased 16.9% to 3,273 units.
JAC sold 1,706 units in Mexico in January, 57.5% more than the same month in 2022.

Sales of new vehicles by type(including import cars)

	2023 Jan.	2022 Jan.	Y-o-Y
Cars	40,728	37,277	9.3%
Light Trucks (Pickup Truck, SUV)	53,686	41,308	30.0%
Total	94,414	78,585	20.1%

Source: Instituto Nacional de Estadistica y Geografia (INEGI)

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

Maker/Brand	2023		2022		Y-o-Y
	Jan.	Share	Jan.	Share
Nissan	17,147	18.2%	14,016	17.8%	22.3%
GM	10,422	11.0%	11,615	14.8%	-10.3%
VW Group	10,291	10.9%	7,991	10.2%	28.8%
- VW	7,607	8.1%	6,920	8.8%	9.9%
- SEAT	1,567	1.7%	430	0.5%	264.4%
- Audi	1,010	1.1%	524	0.7%	92.7%
- Porsche	106	0.1%	115	0.1%	-7.8%
- Bentley	1	0.0%	2	0.0%	-50.0%
Toyota	8,356	8.9%	8,533	10.9%	-2.1%
Kia	7,505	7.9%	7,355	9.4%	2.0%
Mazda	6,591	7.0%	3,474	4.4%	89.7%
Stellantis	5,555	5.9%	2,929	3.7%	89.7%
- Chrysler *2	3,602	3.8%	1,762	2.2%	104.4%
- Peugeot	1,080	1.1%	946	1.2%	14.2%
- Fiat	863	0.9%	215	0.3%	301.4%
- Alfa Romeo	10	0.0%	6	0.0%	66.7%
MG	3,536	3.7%	2,332	3.0%	51.6%
Ford Motor	3,357	3.6%	3,323	4.2%	1.0%
Hyundai	3,273	3.5%	2,801	3.6%	16.9%
Honda	3,177	3.4%	3,348	4.3%	-5.1%
Chirey / Chery	3,002	3.2%	-	-%	-%
Renault	2,805	3.0%	2,386	3.0%	17.6%
Suzuki	2,791	3.0%	2,591	3.3%	7.7%
JAC	1,706	1.8%	1,083	1.4%	57.5%
BMW *1	1,334	1.4%	1,313	1.7%	1.6%
Mitsubishi	1,079	1.1%	1,325	1.7%	-18.6%
Mercedes-Benz	769	0.8%	1,002	1.3%	-23.3%
MOTORNATION *3	504	0.5%	323	0.4%	56.0%
Subaru	336	0.4%	148	0.2%	127.0%
Volvo	304	0.3%	264	0.3%	15.2%
Lexus	162	0.2%	64	0.1%	153.1%
Acura	105	0.1%	92	0.1%	14.1%
Lincoln	104	0.1%	92	0.1%	13.0%
Isuzu	90	0.1%	77	0.1%	16.9%
Infiniti	57	0.1%	54	0.1%	5.6%
Land Rover	47	0.0%	50	0.1%	-6.0%
Jaguar	9	0.0%	4	0.0%	125.0%
Total	94,414	100.0%	78,585	100.0%	20.1%

*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.
Source: Instituto Nacional de Estadistica y Geografia (INEGI)