The Mexican automotive industry faces a decrease in vehicle production and export, attributed to internal and external factors impacting its performance.
This situation generates concern in a sector that represents nearly 4% of the national Gross Domestic Product (GDP) and more than 20% of the manufacturing GDP.
Decrease in production and export
During the first two months of 2025, vehicle production in Mexico registered a 3% drop
This in comparison to the same period of the previous year.
This downward trend was also reflected in exports, which decreased by 5% in the same period.
These figures contrast with the over 5% growth observed in 2024, a year in which the industry showed signs of recovery after the COVID-19 pandemic and supply shortages.
Impact of tariffs imposed by the United States
One of the factors contributing to this decline is the imposition of 25% tariffs by the United States on imports from Mexico and Canada.
