Motor Vehicles: Mexico

Report Overview

Motor Vehicles: Mexico forecasts new motor vehicle retail sales, motor vehicle production, and motor vehicle parc by vehicle type in units in Mexico. Total new motor vehicle retail sales and motor vehicle production are provided in annual series from 2012 to 2022, with a forecast for 2027; motor vehicle parc and the various segments are reported at five-year intervals for 2012, 2017, 2022, and 2027.

Vehicle types include:

• light vehicles
• medium and heavy vehicles

For the purposes of this report, motor vehicles are self-propelled (engine-driven) on-road vehicles used to transport people or goods. Motor vehicles can be propelled by conventional internal combustion engines (ICEs), batteries, fuel cells, or hybrid powertrains. 

Exclusions:

• watercraft, including boats, ships, hovercraft, and submarines
• aircraft, including airplanes, helicopters, aerostats, and spacecraft
• railed vehicles such as trains or trams
• motorcycles, scooters, and bicycles
• wagons and carts
• off-road vehicles used in mining, agriculture, construction, or forestry such as dump trucks or tractors
• industrial vehicles such as forklifts or automated guided vehicles (AGVs) 

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. 

Who is this report for?

• Companies that provide financial services for automotive leases and loans to the Mexican market
• Motor vehicle and parts suppliers, particularly in the NAFTA/USMCA region
• Providers of aftermarket repair and maintenance services in Mexico

Related NAICS Codes

Table of Contents

HIGHLIGHTS

• Historical Trends
• Key Economic Indicators
• Scope & Product Description
• Electric Vehicles (Electrification)
• Battery Technology & Product Development
• Autonomous Vehicles
• North American Regional Outlook

• Light Vehicle New Retail Sales
• Medium & Heavy Vehicle New Retail Sales
• Light Vehicle Production
• Medium & Heavy Vehicle Production
• Light Vehicle Parc
• Medium & Heavy Vehicle Parc

• Market Leaders

• Scope
• Sources
• Industry Codes
• Freedonia Methodology
• Resources

• Figure 1 | Mexico: Key Trends in Motor Vehicle Production, New Retail Sales, & Parc, 2022 - 2027
• Figure 2 | Mexico: Motor Vehicle New Retail Sales & Production Trends, 2012 - 2022
• Table 1 | Mexico: Key Indicators for the Motor Vehicle Sector, 2012 - 2027 (2021US$ bil)
• Figure 3 | North America: New Motor Vehicle Retail Sales by Country, 2022 (%)
• Figure 4 | Mexico: New Motor Vehicle Retail Sales by Vehicle Type, 2012 - 2027 (000 units)
• Table 2 | Mexico: New Motor Vehicle Retail Sales by Vehicle Type, 2012 - 2027 (000 units)
• Figure 5 | Mexico: New Motor Vehicle Retail Sales by Vehicle Type, 2012 - 2027 (%)
• Figure 6 | Mexico: Motor Vehicle Production by Vehicle Type, 2012 - 2027 (000 units)
• Table 3 | Mexico: Motor Vehicle Production by Vehicle Type, 2012 - 2027 (000 units)
• Figure 7 | Mexico: Motor Vehicle Production by Vehicle Type, 2012 - 2027 (%)
• Figure 8 | Mexico: Motor Vehicle Parc by Vehicle Type, 2012 - 2027 (mil units)
• Table 4 | Mexico: Motor Vehicle Parc by Vehicle Type, 2012 - 2027 (mil units)
• Figure 9 | Mexico: Motor Vehicle Parc by Vehicle Type, 2012 - 2027 (%)
• Table 5 | NAICS & SIC Codes Related to Motor Vehicles