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Mexico Light Vehicle Industry Outlook 2022 - 2026

See how Mexico Light Vehicle performed compared to key markets.

Key Market Indicators

Mexican car registration and production is set to fall in the coming years. By 2026, registration is predicted to drop by 1.7% annually, reaching 582,000 units. This is 11.7% lower than in 2010. Production is expected to decrease by 2.9% each year, reaching 970,770 units. This is 12.5% lower than in 2002. Japan, Germany and South Korea ranked ahead of Mexico in 2021, with 1,025,300 units. Slovakia was in first place with 1,025,300 units.

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Mexico Light Vehicle Market Data and Forecasts

How much will Mexico Light Vehicle Market grow to 2026?

Forecast: Passenger Cars Registrations in Mexico
Forecast: Ownership of Passenger Cars in Mexico
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