Mexico  2025

Population: 132 million
GDP national / per capita: US$1.86 trillion / US$14,090 per capita
Currency: MXN peso 
Inflation: December 3.69% 
Interest Rate: December 7%
Unemployment: November 2.7%

Main Industries
Aerospace, Automotive, Electronics, Finance, Mining, Oil, Tourism

Vehicle Fleet
2025

National fleet size 
35.1 (Average age of vehicles, 16 years)

Vehicles produced 
3.95mn (-1% y-o-y) mostly LCVs

Vehicles registered 
1.52mn (+1.3% y-o-y)

Top 5 brands 
1. Nissan: 274,461 units (+7.6% y-o-y) 18% market share
2. GM (mainly Chevrolet): 198,153 (-3.4%) 13% market share
3. Volkswagen:  137,970  (-0.2%) 11.3% market share
4. Toyota: 126,358 (+3.6%) 8.3% market share
5. Kia: 111,172 (+6.5%) 7.3% market share

Top 5 models 
1. Nissan Versa  90,223 units                        
2. Chevrolet Aveo  61,066                           
3. Nissan NP300 58,422
4. Kia K3 Sedan 46,551                               
5. Nissan March 31,401

Factories in country 

Audi, BMW, Cadillac, Chrysler, Buick, Chevrolet, Fiat, Ford, GMC, Honda, Hyundai, JAC, Jetour, Kia, Mazda, Mercedes Benz, Nissan, Ram, Toyota, Volkswagen 

Coming soon: Tesla 

Main Vehicle Leasing Players

Element Fleet Management, Casanova Rent, TIP Mexico, Ayvens

Energy Cost 

Gasoline / liter (March 2026)  US$1.46
Diesel / liter (March 2026)  US$1.55

The driving range on one liter of gasoline is roughly equivalent to the driving range achieved with 2.2 kWh of electricity.

Electricity / 2.2 kWh (June 2025)
US$0.26 (residential)
US$0.50 (commercial) 

The driving range on one liter of gasoline is roughly equivalent to the range achieved with 9.4 kWh of energy produced from natural gas or 0.7 kg.

Natural Gas / 9.4 kWh or 0.7 kg (June 2025)
US$0.37 (residential)
US$0.25 (commercial)