Mexico Cars Market has lost 7.1% in 2018 confirming the decline with actually 20 months of consecutive fall. Nissan on top of the list is losing share and now is at 21%, 4 points down in two years while BAIC is the first Chinese brand landed in the country, with 2.000 sales.
Mexico Vehicles Market 2017 have lost 1% having shifted in negative territory since July. Top Brands are losing terrain while recently landed have taken space, with Kia, Hyundai, Suzuki and Mercedes as the fastest growing. 2018 Outlook is negative.
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.
Mexico new cars record year at a 20% growing speed. Country’s short-term growth prospects appear bleak as low oil prices and a weak peso persist. Toyota and Mitsubishi grew up.
Mexico Car Sales in first half 2016 scored a new impressive record improving 18 percent from the previous scored just last year. Kia gains the 3.9% of market share while Chevrolet Spark leads in June.
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 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 best selling cars 2015 led as usual by Chevrolet Aveo, Nissan Versa and Nissan Pick-up. The Honda HRV was the best new entrance landing in 14th place, behind the fast growing Nissan X-Trail.
Mexican vehicles sales hit a new best in November keeping the momentum with the 12th year on year growth in a string, again doing better than any expectations. Nissan sales weak while Toyota boomed.
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 vehicles sales boomed +24% in September keeping the magic moment started in May 2014 posting the 17th year-on-year winning month in a row. Nissan Versa performed as best-selling model.
Mexico Kia was launched in July landing in 14th place with the best-selling model Sportage in 33rd. July was the highest single month sales ever keeping the amazing trend towards a new record year.
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.
Mexican Automotive Industry a finger down the record in 2014 albeit a tremendous second half with all month growing in double digit. However last year was the best in eight. Hyundai landed in top 10.