|The Nissan Kicks|
Total sales (excluding heavy trucks) amounted to nearly 3.8 million in 2017, up from 3.5 million, which was a 9% increase. This was a record number so the industry here is proving very successful. It could have been expected to continue to grow but perhaps recent decisions made north of the border may temper that.
More cars than light trucks are made in Mexico, but looks set to change as consumer demand dictates a shift to light trucks. So let's see what's going on.
Car: New car makers have moved into Mexico recently. In 2014 Honda added cars to it's plant while Mazda opened a new facility. Kia then also joined the party in 2014. Nissan remains the the biggest by far, with the Sentra model making up just over a third of the total.
Light truck: This is a broad term in North America that includes SUVs. GM and Chrysler are the main two manufacturers. The Silverado/Cheyenne makes up nearly 40% of that total. Close to 40% of Chrysler's production is the Ram pick up truck. The Jeep Compass has been a welcome addition with very quickly claimed 30% of the total volume.
Data source: Automotive News.
Summary: There is no doubt the automobile industry is a huge boost to the Mexican economy. It's success has upset more than one trading partner in recent years. How it fares from here will be interesting.