Automotive Market in Mexico
The automotive market in Mexico has made impressive progress in recent years, establishing itself as a globally competitive manufacturer. In 2022, the country’s passenger car market recorded an estimated revenue of over 37.2 billion U.S. dollars.
Overview
The industry is a significant contributor to the country’s economy, with automotive production estimated at over 3.7 million units in 2020. Mexico is the Latin American country with the second-highest gross domestic product in the region, and it partly relies on a dynamic manufacturing industry to boost its economic performance.
Popular Car Brands
According to a recent report, the most popular car brands in Mexico are Nissan, Chevrolet, and Toyota. The top 5 most popular cars in Mexico in 2023 are:
1. Chevrolet Aveo
2. Nissan March
3. Kia Rio
4. Nissan NP300
5. Nissan Versa
Auto Shows in Mexico
There are several auto shows that take place in Mexico throughout the year. One of the most popular ones is the INA PAACE Automechanika Mexico City Expo, a vital automotive trade show for Mexico and Central America. It provides access to local and international suppliers and products for the entire OEM and aftermarket.
Other car shows in Mexico include:
Expo Moto: Held at the World Trade Center in Mexico City, this event showcases the latest launches and premieres in the motorcycle and off-road industries.
Monterrey Expo & Tech Forum: This event covers areas such as technologies, continental automotive, chemicals, machinery, and much more.
According to a recent report, the Mexican automotive industry will grow significantly between 2023 and 2030, where the national auto parts market is expected to reach an all-time high of $110 billion in 2024.
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MEXICO WRAP INSTALLERS
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Juan Salvador Agraz #61 local 105 Santa Fe, Ciudad de México
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Blvd. Adolfo López Mateos 56, Mixcoac, Benito Juárez, 03910 Ciudad de México, CDMX
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Latoneros 96
Colonia trabajadores del hierro
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Valle del Dorado, Valle de Las Mitras, 64300 Monterrey, N.L.
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Juárez Chihuahua
México 32404
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ultimatepdesign@gmail.com
www.instagram.com/ultimateperformance
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Heroe de Nacozari 1514, Talleres, 64480 Monterrey, N.L.
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