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Mexico Automotive Industry Outlook 2022 - 2026

See how Mexico Automotive performed compared to key markets.

Key Market Indicators

Mexican vehicle registration is projected to reach 1.1 million units by 2026. That's a decrease of 0.7% from 2021's 1.04 million units. Since 2010, the Mexican market has decreased 8.8% year-on-year on average. Meanwhile, Mexican vehicle production is set to reach 4.94 million units by 2026, up 2.1% year-on-year on average. Since 2002, the country's supply has risen 3.6% year-on-year. In 2021, Mexico was the world's 6th largest producer of vehicles, with Germany overtaking it with 4.3 million units. The US, Japan, and India took the 2nd, 3rd, and 4th spots, respectively.

Mexico Automotive Market Data and Forecasts

What is the size of the Mexican Automotive Market in 2022?

Motorcycle Parts (Except Saddles) Market Size Value in Mexico
Special Purpose Motor Vehicles Market Size Value in Mexico
Passenger Vehicles Except Buses Market Size Value Per Capita in Mexico
Motorcycles Market Size Value Per Capita in Mexico
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How much will Mexico Automotive Market grow to 2026?

Forecast: Commercial Vehicles Registrations in Mexico
Forecast: Light Commercial Vehicles Production in Mexico
Forecast: Passenger Cars Registrations in Mexico
Forecast: New Vehicles Registrations in Mexico
Forecast: Trucks Production in Mexico
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