Mar 5 • 08:27 UTC 🇲🇽 Mexico El Financiero (ES)

Car manufacturers 'slow down' in February: Car sales drop 0.3 percent in February

In February, sales of light vehicles in Mexico decreased by 0.3%, marking 118,297 units sold compared to the previous month.

In February, Mexico saw a decrease in car sales, with 118,297 light vehicles sold, which represents a 0.3% drop in demand compared to the same period in the previous year, according to a report from the National Institute of Statistics and Geography (INEGI). This decline translates to a reduction of 305 vehicles sold, illustrating a cooling off in demand in the automotive sector. Furthermore, the Mexican Association of Automotive Distributors (AMDA) reported a more significant decrease of 10.2% in sales from January 2026, accounting for 13,482 fewer new light vehicles sold.

Despite this decrease in February, the overall figures are still historical in context, as they mark the second highest level of sales for February according to INEGI's published series, indicating a trending growth above previous years stretching back to 2005. The automotive sector's performance in February is significant as it reflects the continuous evolution of consumer behavior and market dynamics in Mexico.

The implications of these sales figures may suggest various economic conditions impacting consumer confidence and spending. Additionally, AMDA highlighted the influence of brands not reporting to INEGI, such as BYD and GAC, indicating that the numbers could shift even more dramatically when considering the full scope of the market. This highlights the importance of closely monitoring automotive sales as a barometer for the national economy and consumer preferences.

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