In 2024, light vehicle sales in Mexico totaled one million 496 thousand 806 units , which meant an increase of 9.8% compared to 2023, which represents the highest volume registered by the industry since 2018, although it is far from the record of 2016 when it placed more than 1.6 million units , according to information from the National Institute of Statistics and Geography (Inegi) , published by the Mexican Association of Automotive Distributors (AMDA) and the Mexican Association of the Automotive Industry (AMIA) .
The report also noted that in December 2024, automobile sales reached 146,365 units , representing an increase of 1.9% compared to the same month in 2023.
Among the most prominent brands in the cumulative 2024 period is Nissan with 17% of the market, followed by General Motors with 13.7%, Volkswagen with 11.8% , and Toyota with 8.1% , revealed AMDA and AMIA.
Other brands such as KIA with 7% and Mazda with 6.7% also performed well in vehicle sales during this period.
With these figures, the Mexican automotive industry is making progress in its recovery , after a decline last September.
The positive results also come in the context of a new extension of the decree for the regularization of imported used vehicles, colloquially known as “chocolate cars”, which was extended until September 30, 2026.
It is also worth recalling that on December 23, Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. announced the signing of a memorandum of understanding to begin discussions and considerations with a view to a business integration between the two firms through the establishment of a joint holding company , with the aim of strengthening their position in the global automotive industry and confronting electric car manufacturers.
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