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Mexico’s Heavy‑Truck Slump Deepens With 59% Output Drop as Expo Transporte Opens

New tariffs plus a 10‑year limit on used imports are reshaping a sector already hit by weak demand.

Overview

  • Official October 2025 data show production down 58.8%, exports down 55.3%, and wholesale sales down 61% from a year earlier.
  • The industry shipped 5,221 units abroad in October, while five manufacturers—Hino, Dina, MAN, Volvo and Volkswagen—reported zero exports that month.
  • January–October totals reflect deep contraction, with production off 36.8%, exports 31.4%, and wholesale sales 53% year over year.
  • A 25% U.S. tariff on Mexican truck exports took effect Nov. 1, compounding weaker demand and a nearshoring slowdown reported by industry groups.
  • At Expo Transporte in Guadalajara, ANPACT pressed to curb used and junk imports, authorities set a 10‑year limit on used heavy‑vehicle entries, and Volvo introduced the Luminus electric bus for local transit.