The National Association of Bus, Truck and Tractor Producers (ANPACT) announced that during 2024 the heavy vehicle manufacturing industry sold 66,455 units wholesale (cargo and passenger) in Mexico , a figure that represented an increase of 23.2% compared to the previous year, when 53,932 vehicles were sold. The results exceeded the expectations set forth by the organization itself for the cycle that just ended.
As anticipated by Rogelio Arzate, executive president of ANPACT, 2024 was seen as a historic period for the placement of heavy vehicles, motivated by the economic dynamism, but also by the pre-purchase effect that could be manifested by the change in regulations on engine emissions (NOM-044), which is in force as of 2025.
As with the wholesale figures, in the case of retail, 57,106 cargo and passenger units were totaled, which represented an increase of 11.2% compared to 2023. In the cargo segment, 48,536 vehicles were reached, an increase of 12.5%, according to the organization.
This situation shows, based on ANPACT figures, that the 2024 record is the best since 2014 and marked a historic record. In the analysis carried out by T21 Business Intelligence, it is obtained that the wholesale figures exceed by 1.5x (times) the record of 2016, the best before the pandemic. Meanwhile, in the retail record, the data for the year just ended were 1.3x above the sales of 2016.
Tractor trucks push cargo
In both wholesale and retail sales, in the cargo segment, tractor-trailer sales have the highest share, with a share of 55% and 54.7%, respectively.
In the case of wholesale, sales in the cargo segment reached 56,835 units , of which tractor trucks contributed 31,233 vehicles, this represented an increase of 25.1% and 32.8%, respectively.
In terms of retail sales, cargo sales totaled 48,536 trucks, of which 26,528 were tractor-trailers, with an increase of 12.5% and 18%, respectively.
ANPACT’s prospects are exceeded
As every year, before the end of 2023, ANPACT prepared its outlook for market performance for 2024, by vehicle class and by wholesale and retail sales.
Once 2024 is over, it is identified that in wholesale sales the market performance exceeded the expectations of the entire industry by 34.6%, in cargo they were exceeded by 36.4% and in tractor trucks by 42.7 percent.
In the analysis carried out, it is located that the ANPACT outlook for retail sales was exceeded by 19.4% in the industry as a whole, while in cargo sales exceeded the organization’s forecast by 19.8%, while tractor-trailer sales were 24.6% above.
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