You are here: Home > Steel News > Latest Steel News > New...

New car sales in Mexico down 1.4 percent in September

Thursday, 03 October 2024 10:18:20 (GMT+3)   |   San Diego
       

New vehicle sales in Mexico fell 1.4 percent, year-over-year, in September to 116,543 units. That reduction breaks the positive trend of the last 28 months (since May 2022), according to a SteelOrbis analysis of data from the national statistics agency Inegi.

Of the top 30 brands, 14 increased their sales and 16 decreased. Companies with a positive balance sold 67,864 units, 12.9 percent more than in July of last year. Those that were in negative territory sold 48,679 units, 16.3 percent less.

From January to September, 1.08 million units were sold, 10.5 percent or 102,871 more vehicles than the same period last year.

The Inegi information comes from the records of 23 companies affiliated with the Mexican Automotive Industry Association (AMIA) and two other non-associated companies.


Similar articles

Canada concerned about China's automotive investment in Mexico

21 Nov | Steel News

Mexico's automotive trade flow declines 9.2 percent in September

18 Nov | Steel News

Heavy truck production in Mexico down 7.8 percent in October

12 Nov | Steel News

Toyota to invest $1.45 billion to strengthen its two plants in Mexico

11 Nov | Steel News

China's MG Motor to invest $1.0 billion in Mexico

07 Nov | Steel News

AMDA vehicle sales in Mexico to exceed 1.5 million in 2024

07 Nov | Steel News

Mexican vehicle production sees increase in October

07 Nov | Steel News

New vehicle sales in Mexico up 7.0 percent in October

05 Nov | Steel News

AMDA applauds initiative to stop massive import of used cars from the US to Mexico

04 Nov | Steel News

German Audi to move production from Belgium to Mexico

01 Nov | Steel News