The Mexican Association of Automotive Distributors (AMDA) and the Association of Bus, Truck and Tractor Producers (ANPACT) presented the results of the heavy vehicle market for November 2024, highlighting record figures in wholesale sales and historical accumulations that place Mexico as a leader in exports in this sector .
In November, wholesale sales reached 6,521 units , representing an increase of 34% compared to the same month in 2023. This performance brought the cumulative total from January to November 2024 to 58,349 units , a growth of 17% compared to the same period of the previous year.
“We are very proud of these results, which reflect the efforts of the entire industry to exceed our annual goals,” said Rogelio Arzate, executive president of ANPACT .
The cargo segment led sales, with a 39% growth , selling 5,758 units in November. As for passenger vehicles, these registered a more moderate increase of 5.1%, with 763 units sold in the same month.
In terms of production , the industry showed a slight recovery in November, reaching 18,199 units produced, an increase of 2% compared to the previous month. However, the cumulative figure from January to November registered a decrease of 3.5%, with 197,597 units manufactured.
“Despite challenges such as supply chain disruptions, we continue to maintain a high level of production that allows us to respond to local and international demand,” said Arzate.
On the other hand, 13,268 units were exported in November , a 6% decrease compared to the same month last year. However, in the cumulative period from January to November, exports totaled 142,087 units, consolidating Mexico as the world leader in this area.
“We remain the leading supplier of heavy vehicles to the United States and Canada, which confirms our strategic position in the global market,” added Guillermo Rosales, CEO of AMDA.
The electric and hybrid vehicle market showed significant progress during 2024. Sales of heavy electric vehicles grew by 20.7%, reaching 169 units, while hybrids registered an increase of 52%, with 127 units sold. “The transition to cleaner technologies remains a priority for our industry, and these results are a reflection of that commitment,” Rosales stressed.
With the results obtained up to November, the industry is on track to close the year with a historic sales record.
“We are very close to meeting our goal of 60,000 units by 2024, which will exceed the figures achieved in previous years and will reaffirm the strength of our sector,” Rosales concluded.
Experts commented that the heavy vehicle industry in Mexico continues to demonstrate its economic relevance and leadership in the global market, setting a precedent for the years to come.
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