Mexico Vehicles Market in July posted the third fall out of the last four months albeit private consumption growth continued to defy maket expectations. Mercedes, Fiat, BMW and Isuzu are shining while Chevrolet, Ford, Jeep and GMC are the losers.
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.
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.