Mexico's Auto Exports Down 6% This Year
- Mexico's auto exports fell 6.3% from January to May 2025, marking the worst five-month decline since 2020.
- This decline followed previous growth in 2024 but was driven by new U.S. tariffs and softer demand affecting production and exports.
- Volkswagen and Stellantis had the largest production drops over 20%, while Toyota and Kia increased exports by 72% and 14% respectively.
- INEGI reported total 1.64 million units produced, 593,282 vehicles sold, and Volkswagen's exports dropping 37.6%, indicating shifting market shares.
- The export and production drops suggest tariff impacts and demand shifts are hindering Mexico's automotive sector despite some brands' growth.
12 Articles
12 Articles
The Mexican automotive sector loses bellows abroad in front of the US tariff wall. From January to May 2025, exports of vehicles abroad fell by 6.3%, compared to the same period of 2024, their biggest setback in five years. During the first five months of the year 1.2 million units were shipped abroad, while in the previous period 1.4 million units were exported. The automotive industry, one of the exporting jewels of the Mexican economy, suffer…
Mexico's auto exports down 6% this year
The United States’ new tariff on foreign cars is having an impact on the Mexican automotive industry, official data indicates. The national statistics agency INEGI reported on Monday that Mexico’s exports of light vehicles declined 2.9% in annual terms in May, the month after the Trump administration imposed a tariff on all foreign cars. Domestic production of cars fell 2% last month, INEGI said. Mexico exported 1.33 million light vehicles betw…
Mexico must ensure that the current exemptions from the T-MEC are maintained, that effective trade defense mechanisms are sought and that its ‘nearshoring’ strategy is accelerated. In May 2025, the Mexican automotive industry registered a 2 percent drop in production and 2.8 percent in exports compared to the same month of the previous year. 358 thousand 209 vehicles were manufactured and 301 thousand 112 units were exported. The main reason beh…
The Mexican Association of the Automotive Industry (AMIA) reported an increase of 23.7% in the sale of hybrid, hybrid and electrical vehicles during the month of May. AMIA indicated that this increase in sales is carried out with May 2024, highlighting that in the fifth month of this year 11 thousand 153 units were sold with this technology. Likewise, it specified that 1,768 units are 100% electric, while 761 are hybrid connected vehicles and 8,…
Mexico Auto Production Falls 2% in May 2025
In May 2025, Mexico´s auto plants hit a speed bump, churning out 2 percent fewer cars than the same month the year before. The National Institute of Statistics and Geography, or INEGI for short, counted 358,209 sedans, pickups, and vans. That slowdown came on the heels of a sharper April drop, so the math isn´t pretty. Even with those numbers, the country is still pumping out hundreds of thousands of rides. Trouble is, the May totals show the l…
Mexico, June 10, 2025.- The production of light vehicles in Mexico fell 2% year-on-year in May 2025 to 358,209 units, while the export was located in the 301,112 units, representing a decrease of 2.9 percent. Added to this, the exports from January to May were 1.3... Read more →
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