Mexican Auto Output Stumbles as Exports Dip in June

National statistics institute Inegi reported that factories produced 354,221 units during the month, bringing the total for the first half of the year to 2 million vehicles. This represents a marginal 0.4% decline compared to the same period in 2024. While international shipments faced a sharp monthly correction, totaling 301,009 units, the cumulative six-month export volume actually grew by 1.4% to reach 1.69 million vehicles. The United States remains the primary engine for this trade, accounting for 76% of all Mexican light vehicle exports.

Local market dynamics provided a contrast to the export volatility. Domestic new-car sales, which include imported models, climbed 7.7% in June to 126,902 units. This domestic appetite has stayed robust throughout the year, with total sales reaching 754,518 units since January—a 5.3% increase over the previous year's pace.