Overview
- BYD sold 75,157 vehicles in Mexico in 2025, up 18.6%, becoming the sixth-largest automaker by sales and surpassing Ford, Honda and Suzuki.
- Across the eight Chinese-origin brands reporting to INEGI, Mexico sales fell 4.1% to 119,092 units for a 7.8% share of a 1,524,583-unit light-vehicle market.
- In Argentina, Chinese brands exceeded 12,000 registrations in 2025—about four times 2024—with BAIC, Haval, JAC and BYD leading the surge.
- Argentina’s Decreto 49/2025 opened a five-year, 50,000-unit duty-free quota for EVs and hybrids with FOB prices up to US$16,000, boosting Chinese entrants as BEV registrations more than doubled to 1,279 with BYD leading the segment.
- Trade measures are tightening conditions as the U.S. imposed a 15% tariff on Mexican vehicles that miss USMCA rules and Mexico announced 10%–50% tariffs on imports from countries without trade agreements.