Latin America Automotive Sector Report 2025-2026

Latin America's role in the global automotive sector has diminished in the past ten years. In 2023, the region accounted for 7.6% of the world's production and 5.9% of global sales. Nine out of every ten vehicles manufactured in the region are made in Mexico (57.4%) or Brazil (33.3%). While vehicle manufacturing in Mexico has displayed a growing trend, production in Brazil has declined consistently. Argentina and Colombia remain minor players. One of the key factors affecting the regional automotive industry is the dependence on domestic markets and low export competitiveness. Although Mexico has managed to position itself as a major manufacturing hub, other countries have seen their expansion capacity limited. Latin America's production is strongly linked to economic and political factors, such as credit stability and commercial vehicle demand. The region's competitiveness will depend on its ability to strengthen its manufacturing industry, attract foreign investment and adapt to new mobility trends. To achieve this, it will be key to promote policies that encourage production and consumption, especially in a global context where innovation and electrification are shaping the future of the industry.

This report provides a complete and detailed analysis of the "Auto manufacturing" sector for South America. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Auto manufacturing" sector in South America
• Crystallise the forces both driving and restraining this sector in South America
• Ascertain South America’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in South America.
• Build a clear picture of trends, output and consumption for specific sub-sectors