Mexico market report. Full Year 2016. New record

Mexican vehicles industry Nissan-Rogue_Sport-2017

Mexican vehicles industry ends the 2016 with a phenomenal increase and a new record, first time above 1.6 million sold, gaining one spot in the global ranking advancing in 12th place.

Market Outlook

Arguably, no other country in the world will be as uneasy over its future as Mexico following the victory of Donald Trump in the U.S. election. Trump’s anti-Latino and protectionist rhetoric taps into the two most important issues in the U.S.-Mexico relationship, namely immigration and the North American Free Trade Agreement (NAFTA). It remains to be seen whether Trump will implement his most radical proposals on these issues, but Republican control of the U.S. Congress will certainly give him scope for action.

Waiting to know what the next future will deserve to this great country, the automotive industry is celebrating a fabulous 2016, a year when the domestic market has hit the monthly record each month with a so strong acceleration to merit the palm of the best market for the year at global level.

According to data released by the A.M.I.A., the Association of Mexican Automotive Industry, ending the year with sales up 22.5% and 19.6% respectively in November and December, the market gained one place globally and is now the 12th biggest, ahead of Russia.

With 192.556 sales, December was also the best sales month ever.

In the full year, light vehicles sales had been 1.604.759, up 18.7% from the previous year.

Competitive Arena

Despite starting with a remarkable share on market, Nissan managed to protect its solid leadership with full year sales at 402.000, first time over the 04 million, with share at 25.1%

The two biggest challengers reported a great year as well with Chevrolet second with 295.45 units (+20.7%) and Volkswagen third with 206.040 (+15.0%).

Toyota was fourth with 104.955 units (+23.8%) ahead of Ford with 99.269 sales (+13.4%), Honda with 87.944 (+19.6%), Kia 58.112 (+427%), Mazda with 54.855 (-4.4%), Dodge with 37.133 (+23.2%) and in 10th place Hyundai with 36.287..

As far as the Group’s performance, the leader was Renault-Nissan with 27.1% of market share followed by General Motors with 19.2% and Volkswagen with 15.4%.

To see the best-selling ranking with the Top 100 models, see the report dedicated.

Research, Consulting, Data & Forecast Store

F2M covers intensively this market with several products developed to help any investigation required.

Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2020.

Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.

All these and more within our  Mexico Corner Store.

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank Dec Rank 2016 BRAND Sales December Sales 2016 FY Variation December Variation 2016 FY Share December Share 2016 FY
1 1 Nissan 47.531 402.055 23,2% 15,8% 24,7% 25,1%
2 2 Chevrolet 40.694 295.345 28,2% 20,7% 21,1% 18,4%
3 3 Volkswagen 19.887 206.040 10,0% 15,0% 10,3% 12,8%
4 4 Toyota 14.839 104.955 21,4% 23,8% 7,7% 6,5%
5 5 Ford 12.249 99.269 9,1% 13,4% 6,4% 6,2%
6 6 Honda 10.858 87.944 14,0% 19,6% 5,6% 5,5%
7 8 Mazda 6.651 54.855 -19,0% -4,4% 3,5% 3,4%
8 7 Kia 6.030 58.112 185,1% 427,3% 3,1% 3,6%
9 9 Dodge 5.240 37.133 57,5% 23,2% 2,7% 2,3%
10 13 Ram 3.445 24.387 13,2% 16,3% 1,8% 1,5%
11 10 Hyundai 3.165 36.287 18,3% 38,2% 1,6% 2,3%
12 11 Renault 3.118 29.917 11,2% 23,0% 1,6% 1,9%
13 18 Mercedes 2.077 14.509 49,7% 34,4% 1,1% 0,9%
14 12 Seat 1.873 24.500 -19,5% 1,5% 1,0% 1,5%
15 14 Mitsubishi 1.780 15.875 -0,9% -2,5% 0,9% 1,0%
16 15 Audi 1.700 15.330 12,1% 8,4% 0,9% 1,0%
17 16 Suzuki 1.594 15.271 36,7% 18,3% 0,8% 1,0%
18 19 Jeep 1.560 13.847 -28,5% -36,9% 0,8% 0,9%
19 17 BMW 1.460 14.611 28,3% 20,1% 0,8% 0,9%
20 20 Fiat 1.440 9.381 29,8% 0,2% 0,7% 0,6%
21 22 GMC 995 7.748 4,9% 17,4% 0,5% 0,5%
22 23 Mini 688 6.028 28,6% 13,6% 0,4% 0,4%
23 21 Peugeot 666 7.877 13,3% 8,0% 0,3% 0,5%
24 25 Chrysler 644 2.806 62,6% -30,9% 0,3% 0,2%
25 24 Buick 485 3.717 71,2% 19,8% 0,3% 0,2%
26 26 Lincoln 288 2.422 10,8% 16,9% 0,1% 0,2%
27 28 Acura 269 2.224 2,3% -8,2% 0,1% 0,1%
28 27 Infiniti 240 2.231 18,2% 22,7% 0,1% 0,1%
29 29 Cadillac 205 1.815 7,5% -2,7% 0,1% 0,1%
30 30 Volvo 182 1.607 -75,9% 29,2% 0,1% 0,1%
31 32 Porsche 176 1.498 44,3% 24,0% 0,1% 0,1%
32 34 Smart 140 854 6900,0% 22,9% 0,1% 0,1%
33 31 Isuzu 125 1.511 -37,8% -23,6% 0,1% 0,1%
34 33 Subaru 111 1.147 -40,0% -29,1% 0,1% 0,1%
35 36 Alfa Romeo 55 416 89,7% 81,7% 0,0% 0,0%
36 35 Land Rover 53 849 -61,9% -36,9% 0,0% 0,1%
37 37 Jaguar 33 279 50,0% 46,8% 0,0% 0,0%
38 38 Ferrari 10 88 25,0% 17,3% 0,0% 0,0%

Rank Dec Rank 2016 GROUP Sales December Sales 2016 FY Variation December Variation 2016 FY Share December Share 2016 FY
1 1 Renault-Nissan 50.889 434.203 22,4% 16,3% 26,4% 27,1%
2 2 General Motors 42.379 308.625 27,8% 20,5% 22,0% 19,2%
3 3 Volkswagen 23.636 247.387 7,2% 13,1% 12,3% 15,4%
4 4 Toyota 14.839 104.955 21,4% 23,8% 7,7% 6,5%
5 5 Ford 12.537 101.691 9,2% 13,5% 6,5% 6,3%
8 6 Hyundai-Kia 9.195 94.399 91,9% 153,3% 4,8% 5,9%
7 7 Honda 11.127 90.168 13,7% 18,8% 5,8% 5,6%
6 8 FCA 12.394 88.058 22,8% 1,5% 6,4% 5,5%
9 9 Mazda 6.651 54.855 -19,0% -4,4% 3,5% 3,4%
11 10 BMW 2.148 20.639 28,4% 18,1% 1,1% 1,3%

(542)

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