Mexico
Population (2023) 129 million
GDP national / per capita (2023) US$1.79 trillion / US$13,876 per capita
Currency MXN peso
Inflation (Nov 2024) 4.55%
Interest Rate (Dec 2024) 10%
Unemployment (Oct 2024) 2.5%
Main Industries Automotive, Electronics, Oil
Vehicle Fleet
National fleet size (2023)
58.2mn in total
38mn cars & LCVs
+ 11.9mn cargo trucks, 8mn motorcycles, and 466,000 buses
Vehicles produced (2024)
3.99mn(+5.6% y-o-y)
(947,726 cars & 3.04mn LCVs)
Vehicles registered (2024)
1.5mn (+9.8% y-o-y)
Top 5 brands (2024)
1. Nissan: 255,116 units (+5.8% y-o-y)
2. GM (mainly Chevrolet): 205,045 (+11.4%)
3. Volkswagen: 138,181 (+21.2%)
4. Toyota: 121,968 (+17.1%)
5. Kia: 104,384 (+11.7%)
Top 5 models (2024)
1. Nissan Versa (93,278 units) +21.3%
2. Chevrolet Aveo (58,503) +12%
3. Kia K3 Sedan (40,716) +25.8%
4. Volkswagen Virtus (30,945) +64.5%5. Nissan March (27,926) -11%