Mexico Automotive Sector Report 2020/2021An EMIS Insights Industry Report
EMIS is an ISI Emerging Markets Group Company Date: July 2020
Available in: English
In 2019, Mexico consolidated its position as the world’s sixth-largest vehicle manufacturer, with an output of 3.95mn units. During the year, strong foreign demand – especially from the US – was the major driving force for Mexico’s automotive industry, with motor vehicle exports reaching a new all-time high of USD 75.8bn, 3.4% up y/y. On the other hand, new vehicle sales in the country contracted for the third year in a row, as Mexico entered recession in early 2019. The automotive industry was among the sectors hardest hit by the COVID-19 pandemic in Mexico, as it posted double-digit declines in both production and sales in April and May 2020, when vehicle plants and car dealerships were forced to stop operations. Although some plants were allowed to reopen at end-May 2020, the recovery of the industry is expected to be slow, as it will be contingent on a rebound in vehicle demand in both Mexico and the US.
This report provides a complete and detailed analysis of the automotive sector for Mexico. 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 automotive sector in Mexico
- Access forecasts for growth in the sector
- View key data on vehicle fleet, production, registrations and trade for the sector in Mexico
- Crystallise the forces both driving and restraining this sector in Mexico
- Ascertain Mexico’s position in the global sector
- Build a complete perspective on sector trade, investment and employment
- Assess market share by type of vehicle and brand
- 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 Mexico
- Build a clear picture of trends and issues for sub-sectors (passenger cars, heavy and commercial vehicles).
See below for a complete table of report contents: