In the period from January to October 2024, exports of light vehicles manufactured in Mexico registered a solid performance, with two million 923 thousand 823 units , which represented an increase of 6.8% compared to the same period in 2023, according to information from the Administrative Registry of the Light Vehicle Automotive Industry (RAIAVL) , of the National Institute of Statistics and Geography (Inegi) .
The report highlighted that in October of this year alone , 332,356 cars were sent abroad , which meant an increase of 5.04% over the same month last year.
The brands that showed the greatest dynamism in the first 10 months of the year were Honda , with an increase in its exports of 54.9% compared to the same period last year. Nissan also registered an increase in its shipments in the same period with 25.7 percent .
Automotive production
The Inegi report revealed that the production of light vehicles reached a figure of three million 412 thousand 955 units from January to October of this year, which meant an increase of 5.54% compared to the same period in 2023.
Of the total manufactured in the first 10 months of the year, 76.1% corresponded to light trucks , which represented two million 596 thousand 470 units produced, while the manufacture of light automobiles accumulated 23.9% in the period with 816 thousand 485 units .
With a 22.2% increase from January to October of this year, General Motors stood out in its national production compared to the same period in 2023, while Honda reported an increase of 19.6% in that period.
In October of this year, manufacturing increased 1.05% compared to the same month in 2023, which meant the manufacture of 382,101 units .
These figures for vehicle exports and production are given in the context of the entry into force, on November 5, of the decree that regulates the definitive import of used vehicles , which was published by the Ministry of Economy in the Official Gazette of the Federation (DOF) .
Although the Mexican Association of Automobile Distributors (AMDA) noted that the aforementioned decree “is the appropriate mechanism to have a legal and orderly trade in used units,” it also called on the federal government to end the regularization of imported used vehicles , colloquially known as chocolate cars , which was extended by former President Andrés Manuel López Obrador until September 30, 2026, since, according to the organization, it inhibits the sale of new cars in Mexico.
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