Mexico Cars Sales at best month ever ending the best first half ever.

Mexico Cars Sales Dodge-SRT_Viper_TA_2014

Mexico Cars Sales hit a record after the other and in June was at best month ever ending a best first half ever. June over 108.000 sales represent the peak in an astonishing pathway with over 0.6 million new cars sold in the first half 2015.

Economic Outlook

Mexico’s economy failed to take off at the beginning of the year. A slowdown in both the manufacturing and construction sectors as well as weak economic activity in the U.S. caused GDP growth to moderate in Q1.

More recent data, however, suggest that Mexico’s economy is slowly gaining traction in Q2. In May, business activity in the manufacturing sector continued to rise and consumer confidence showed a mild improvement over the previous month.

The results of the 7 June mid-term election showed that the Institutional Revolutionary Party (PRI) maintained a comfortable majority in the Chamber of Deputies.

However, the headline of the election was that independent candidates scored key victories and that the recently formed leftist National Regeneration Movement party (MORENA) gained notable support, dealing important losses to the center-left Democratic Revolution Party (PRD) and fracturing the left.

Vehicle Market Outlook

Mexican market has experienced a steady growth during the first decade of this millennium, before to be severely hit by the 2009 financial crisis. Since the 2010 the market recovered the over 1 million annual sales failing to hit the new all time record in the 2014 just for peanuts.

The arrival of 2015 was like a tropical cyclone with market booming at an unexpected speed running towards a new sensational annual record.

Following the +22%  scored in the first quarter, according to data released by A.M.I.A., the Association of Mexican Automotive Industry, the new Light Passengers Vehicles sold in Mexico in April and May had been 96.004 (+24.9%) and 101.982 (+15.6%), a solid growth compared with the correspondent month last year. In june sales had been 108.101, the new highest month ever raising a huge 28.5% from the correspondent month last year.

The first half of 2015 was the best ever reporting a huge +22.4% from last year with sales at 610.981, with Mexican market ranking as 14th in the World.

Competitive Arena

Albeit the almost relevant market share, Nissan is outperforming the market with June sales at 28.235 (+28.8% and cumulative sales at 160.579 (+25.8%) in line with fist quarter speed. Chevrolet in second place registered in 20.219 units (+41.5%) and Volkswagen was third with 13.742 (+8.5%).

Considering the cumulative performance at June there are several fast growing brands, including Mazda (7th with 4.340 units, +40.7%) and Mitsubishi (15th with 1.208, +69.2%) and Ram (11th with 1.980, +330%)

As far as the car group’s, the leader in June was Renault-Nissan alliance with 26.1% of market share, ahead of General Motors with 19.9%, Volkswagen Group with 15.7% and FCA with 7.7%.

As far as best-selling models ranking, the number 1 was again the Chevrolet Aveo with 6.632 units (+50%) ahead of Volkswagen Jetta with 4.558 (+11.9%) and Nissan March with 4.441 (+179%).

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 Jun Rank H1 Brand Jun 2015 H1 2015 Var Jun Var H1 Share Jun Share H1
1 1 Nissan 28.235 160.579 28,8% 25,8% 26,1% 26,3%
2 2 Chevrolet 20.219 110.442 41,5% 22,5% 18,7% 18,1%
3 3 Volkswagen 13.742 82.969 8,5% 9,6% 12,7% 13,6%
4 4 Ford 7.040 41.308 29,2% 12,8% 6,5% 6,8%
5 5 Toyota 5.824 35.444 21,2% 22,2% 5,4% 5,8%
6 6 Honda 5.292 31.875 13,9% 33,7% 4,9% 5,2%
7 7 Mazda 4.340 25.947 40,7% 50,7% 4,0% 4,2%
8 8 Dodge 2.480 12.693 23,5% -9,5% 2,3% 2,1%
9 11 Hyundai 2.472 11.004 146,7% 544,6% 2,3% 1,8%
10 9 Jeep 2.020 11.547 21,5% 1,1% 1,9% 1,9%
11 13 Ram 1.980 8.948 330,0% 81,6% 1,8% 1,5%
12 10 Seat 1.931 11.408 17,6% 10,6% 1,8% 1,9%
13 12 Renault 1.776 10.436 -4,9% -3,9% 1,6% 1,7%
14 15 Audi 1.235 6.568 11,2% 5,9% 1,1% 1,1%
15 14 Mitsubishi 1.208 7.804 69,2% 56,0% 1,1% 1,3%
16 16 Suzuki 1.086 6.223 13,5% 7,6% 1,0% 1,0%
17 17 BMW 971 5.571 11,6% 12,4% 0,9% 0,9%
18 19 Fiat 910 4.731 88,0% 26,7% 0,8% 0,8%
19 23 Chrysler 894 2.109 283,7% -15,1% 0,8% 0,3%
20 18 Mercedes 808 4.850 5,3% 20,1% 0,7% 0,8%
21 21 GMC 687 3.173 26,9% 10,5% 0,6% 0,5%
22 20 Peugeot 670 3.341 53,0% 19,3% 0,6% 0,5%
23 22 Mini 440 2.522 22,2% 36,7% 0,4% 0,4%
24 24 Buick 412 1.685 274,5% 57,3% 0,4% 0,3%
25 25 Acura 247 1.152 50,6% 11,2% 0,2% 0,2%
26 26 Cadillac 210 945 130,8% 92,8% 0,2% 0,2%
27 28 Infiniti 135 803 10,7% 33,2% 0,1% 0,1%
28 31 Volvo 132 628 109,5% 31,4% 0,1% 0,1%
29 27 Lincoln 125 897 0,0% 3,5% 0,1% 0,1%
30 30 Subaru 120 699 9,1% 4,6% 0,1% 0,1%
30 29 Land Rover 120 757 17,6% -5,0% 0,1% 0,1%
31 34 Smart 106 492 -15,9% -27,9% 0,1% 0,1%
32 33 Porsche 101 540 42,3% 35,7% 0,1% 0,1%
32 32 Isuzu 101 556 -3,8% 1,8% 0,1% 0,1%
33 36 Alfa Romeo 12 60 #DIV/0! 30,4% 0,0% 0,0%
34 35 Jaguar 10 71 -37,5% -19,3% 0,0% 0,0%
35 37 Ferrari 7 34 40,0% 13,3% 0,0% 0,0%
36 38 Lamborghini 3 18 #DIV/0! #DIV/0! 0,0% 0,0%

Rank Jun Rank H1 Group Jun 2015 H1 2015 Var Jun Var H1 Share Jun Share H1
1 1 Renault-Nissan 30.146 171.818 26,1% 23,5% 27,9% 28,1%
2 2 General Motors 21.528 116.245 43,2% 22,9% 19,9% 19,0%
3 3 Volkswagen 17.012 101.503 9,9% 9,6% 15,7% 16,6%
4 5 FCA 8.303 40.123 71,1% 9,4% 7,7% 6,6%
5 4 Ford 7.165 42.205 28,5% 12,6% 6,6% 6,9%
6 6 Toyota 5.824 35.444 21,2% 22,2% 5,4% 5,8%
7 7 Honda 5.539 33.027 15,1% 32,7% 5,1% 5,4%
8 8 Mazda 4.340 25.947 40,7% 50,7% 4,0% 4,2%
9 9 Hyundai-Kia 2.472 11.004 146,7% 544,6% 2,3% 1,8%
10 10 BMW 1.411 8.093 14,7% 19,0% 1,3% 1,3%
11 11 Mitsubishi 1.208 7.804 69,2% 56,0% 1,1% 1,3%
12 12 Suzuki 1.086 6.223 13,5% 7,6% 1,0% 1,0%
13 13 Mercedes Daimler 914 5.342 2,4% 13,2% 0,8% 0,9%
14 14 PSA 670 3.341 53,0% 19,3% 0,6% 0,5%
15 17 Geely Group 132 628 109,5% 31,4% 0,1% 0,1%
16 15 Tata 130 828 10,2% -6,4% 0,1% 0,1%
17 16 Fuji Heavy Industries 120 699 9,1% 4,6% 0,1% 0,1%
18 18 Isuzu Motors 101 556 -3,8% 1,8% 0,1% 0,1%

Rank Jun Rank H1 Model Jun 2015 H1 2015 Jun Var H1 Var Share Jun Share H1
1 1 Chevrolet Aveo 6.632 35.145 50,5% 19,2% 6,2% 5,8%
2 7 Volkswagen Jetta 4.558 19.547 11,9% 36,3% 4,3% 3,2%
3 5 Nissan March 4.441 22.436 179,7% 58,5% 4,2% 3,7%
4 2 Nissan Versa 4.338 27.567 -22,2% 15,2% 4,1% 4,6%
5 3 Volkswagen Vento 4.248 27.516 33,0% 69,9% 4,0% 4,6%
6 4 Nissan Tsuru 4.015 24.529 13,5% 10,6% 3,8% 4,1%
7 6 Chevrolet Spark 2.720 22.064 29,0% 36,1% 2,5% 3,7%
8 13 Nissan X-Trail 2.695 11.881 792,4% 543,3% 2,5% 2,0%
9 8 Nissan Sentra 2.557 15.437 -2,7% 16,4% 2,4% 2,6%
10 10 Nissan Tiida 2.407 13.233 116,7% 35,6% 2,3% 2,2%

To know all about this market you can purchase the 2015 Auto Book or require the release of the Mexico 2020 Outlook report

 

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