Particle.news

Download on the App Store

Mexico’s Auto Industry Reaches Record June Production and Exports

Authorities are weighing incentives to shore up domestic vehicle sales after USMCA preferences fueled record June exports

Image

Overview

  • INEGI reports June light-vehicle production reached 361,047 units, a 4.9% increase from June 2024
  • June exports climbed 14% to 331,517 vehicles, marking the highest June volume since records began
  • Banamex analysts say preferential USMCA treatment offset U.S. tariffs and underpinned the June rebound in output and shipments
  • From January to June, production edged up 0.5% to 2,006,720 units while exports declined 2.8% to 1,666,184 units
  • Domestic sales fell 5.9% in June and 0.25% in the first half of the year, prompting government proposals for consumption incentives