10 March 2018

Mexico Light Vehicle Production : 2017 (By Brand)

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.

15 16 17 Brand 2017 % +/-
2016 % +/-
1 1 1 Nissan 636,083 33.4% -5%
668,596 33.5% 0%
2 2 2 VW 363,282 19.1% -12%
414,547 20.8% -9%
3 3 3 Ford 311,793 16.4% -20%
390,528 19.6% -10%
- 6 4 Kia 221,500 11.6% 106%
107,500 5.4% n/a
4 5 5 Mazda 141,774 7.4% -5%
149,235 7.5% -18%
5 4 6 GM 119,027 6.3% -36%
185,417 9.3% 53%
6 8 7 Honda 56,031 2.9% 137%
23,604 1.2% -47%
8 7 8 Toyota 44,020 2.3% 1%
43,501 2.2% 71%
7 9 9 Fiat 10,057 0.5% -20%
12,568 0.6% -62%

Total 1,903,567
-5%
1,995,496
1%

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. 

15 16 17 Brand 2017 % +/-
2016 % +/-
1 1 1 GM 703,246 37.3% 31%
537,768 36.1% -10%
2 2 2 Chrysler 619,304 32.9% 42%
435,713 29.3% -10%
4 4 3 Nissan 191,948 10.2% 10%
174,944 11.8% 15%
3 3 4 Honda 157,418 8.4% -32%
231,270 15.5% 41%
5 5 5 Toyota 104,622 5.6% 8%
97,143 6.5% 18%
- 7 6 VW 97,966 5.2%

156 0.0% n/a
6 6 7 Fiat 9,292 0.5% -14%
10,835 0.7% -52%

Total 1,883,796
27%
1,487,829
-11%












Gr Total 3,787,363
9%
3,483,325
-4%

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. 

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