The heavy vehicles industry in Mexico has kicked off 2026 with notable declines in its main indicators, exacerbating the downward trend observed throughout 2025. According to the National Association of Bus, Truck, and Tractor Producers (ANPACT), production in January reached 6,793 units, reflecting a staggering 51.9% decrease compared to the same month in the previous year. Similarly, exports also saw a significant drop, with only 5,076 vehicles exported, marking a 53.8% annual decline. This concerning trend raises alarms about the vitality of the domestic market as well as employment levels within the sector.

Within the internal market, wholesale sales plummeted to 1,676 units, a decrease of 35.7% compared to January 2025. This weakening is attributed to the cautious approach taken by transportation companies and a reduced volume of orders from other industries, reflecting a backdrop of diminished economic dynamism. Retail sales were also affected, with 2,073 units sold, showing the broader challenges faced by the heavy vehicle market, indicating that both consumer confidence and industry contractual agreements are under strain.

The continued decline in production and sales not only threatens the revenues of manufacturers but could also lead to negative implications for employment across the sector. As companies adjust to the new reality of a shrinking market, long-term strategies may need to be reconsidered to adapt to the challenging economic environment. There is an urgent need for industry stakeholders and policymakers to explore measures to stimulate demand and promote growth, as the heavy vehicle market plays a crucial role in supporting the broader economic framework in Mexico.