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Sales of Heavy Vehicles in Mexico Steer Towards the Fast Lane

Retail sales in Mexico reported positive figures from January to September across all segments of cargo vehicles.

T21 Media by T21 Media
8 October, 2024
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During the ninth month of 2024, wholesale sales of cargo vehicles totaled four thousand 469 units in Mexico, an increase of 19.4% compared to September 2023 , according to the National Association of Bus, Truck and Tractor Producers (ANPACT) in its latest statistical report.

Of the total accumulated, 55.5% corresponded to fifth-wheel tractor-trailers, with 2,481 units sold, a figure 28.1% higher than what was sold in the same month of 2023.

Class 8 trucks accounted for 30.4% of sales in September, with 1,363 units, which meant an increase of 33.5% compared to September of last year.

The third segment with the highest sales were class 6 trucks, which sold 304 units in the ninth month of 2024, corresponding to 6.8% of total sales. It should be noted that this segment reported a 24.6% decline compared to accumulated sales in 2023 when 403 vehicles were sold.

In the cumulative period from January to September 2024, sales of cargo vehicles increased by 13.9% compared to the same period in 2023. During the current year, 37,678 vehicles were sold, which corresponds to 4,609 more vehicles than last year.

At the end of the third quarter of the year, three segments experienced positive figures, while the remaining three assumed declines. In the first case, fifth-wheel tractor-trailers led sales with 21,203 vehicles that contributed to growth of 23.9% compared to the cumulative figure of last year.

In turn, Class 8 trucks increased their demand by 9.8% with the sale of 10,200 units. Third place was occupied by Class 7 trucks with 306 units sold, which contributed to the 19.1% growth in the referred period.

On the other hand, the segments with the greatest contraction were class 5 trucks, which fell 19.1%, selling 650 units from January to September 2024. Meanwhile, class 4 vehicles reached sales of 2,601 units, a downward variation of 6.5 percent. Finally, sales of class 6 trucks contracted 3.9%, with a figure of 2,718 units.

Source: ANPACT

Retail sales are progressing at a good pace

ANPACT revealed that 4,052 retail cargo units were sold during September of this year. Of these, a total of 2,263 corresponded to fifth-wheel tractor-trailers, which increased 24.6% vs. 2023.

In turn, Class 8 trucks managed to sell 1,173 units, this figure contributed to a 7.0 percent increase in sales. In this same category, Class 5 trucks increased their sales by 24.2% with a cumulative total of 82 units in the ninth month of the year.

In contrast, Class 7 trucks experienced a 40.7% contraction, going from 27 units in 2023 to 16 in 2024. The same case was observed in Class 4 trucks, which lost 27.1% of sales vs. 2023, reaching 221 units in the ninth month of 2024. Finally, Class 6 trucks went from 330 units in 2023 to 297 in 2024, which meant a contraction of 10.0 percent.

The ANPACT report also stated that in the cumulative period from January to September 2024, heavy vehicle sales totaled 34,714 units, which represented an increase of 9.3% in sales.

It is noteworthy that, unlike wholesale sales, retail sales in Mexico reported positive figures from January to September in all cargo vehicle segments , behaving as follows:

Source: ANPACT

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Tags: ANAPACTDomestic marketTRACTOR TRUCK SALESTruck sales

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