Mexico Vehicles Market in September ended a negative Q3 with the deepest lost in the last 5 years, losing 12.2% albeit private consumption growth continued to defy market expectations. Kia, Mercedes, Suzuki and BMW are shining.
Mexico best selling cars ranking after the first seven months of the 2017 with the Nissan Versa leader again followed by the Nissan Pick up and the Chevrolet Spark. The Ford Figo advanced in 13th place and all Kia models keep gaining terrain.
Mexican New Vehicles in 2016 will be over 1.5 million as the market speed is unchanged and April was the 22nd year on year growing month. Launched one year ago, Kia outpaced the 4.000 units with share at 3.4%.
Mexico Vehicle Market Q1 2016 on the sky with full year 2016 project at 1.5 million vehicles sold albeit modest expansion in economic activity: Several manufacturers scored their all time record, while Kia was already 8th.
Mexico Vehicles Market in 2015 hit the new all time record with an impressive +19% over the previous year thanks to a strong domestic demand and a roaring economy. Nissan led with market share over 25%.
Mexico new cars market in October at best volume ever with over 119.000 sales, not only with the 18th year-on-year increase in series but also with the fifth best ever month record in a row. Figures are already above 1 million.