Mexico Automotive Sector Report 2021-2022An EMIS Insights Industry Report
EMIS is an ISI Emerging Markets Group Company Date: May 2021
Available in: English
The COVID-19 pandemic severely impaired the operations of the Mexican automotive sector. It suffered from disruptions to global supply chains, lockdown restrictions and dwindling demand, both in the domestic market and the US – the main foreign destination. Accordingly, motor vehicle production plunged by 20.8% y/y to 3.2mn units in 2020, the lowest volume since 2013, pushing up idle capacity of the industry to 36.5%. This, in combination with the new trends in demand, have accelerated the ongoing restructuring of the product portfolio of carmakers in Mexico towards production of SUVs and electric vehicles (EVs). During the year, Volkswagen and Ford launched production lines for new SUVs, including an all-electric SUV in the case of Ford. At the same time, the Chinese group JAC Motors brought to the market three electric heavy vehicles assembled in Mexico.
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: