Car sales in Mexico grew by 1.9% in December 2024, with 146,365 units sold, according to INEGI. From January to December, cumulative sales increased by 9.8%, reaching 1,496,806 units sold throughout the year.

CDMX, January 6, 2024.- INEGI published the latest statistics on car sales in Mexico through the Administrative Registry of the Light Vehicle Automotive Industry, showing December sales of 146,365 units. This number is 1.9% higher than the number of units sold in December 2023, while the cumulative sales from January to December 2024 show a growth of 9.8 % compared to the previous year, reaching 1,496,806 units sold across the country.

LIGHT VEHICLE SALES (UNITS)
TOTAL DEC 2024: 146,365 (+1.9% vs Dec 23)
TOTAL JAN-DEC 2024: 1,496,806 (+9.8% vs 2023)

Nissan was the competitor with the largest market share, selling 255,116 units in the year, followed by General Motors with 205,045 units, and in third place, Volkswagen with 177,261 units sold in 2024.

MG Motor continues as the leading Chinese brand in the country with 60,168 units sold in 2024. JAC follows with a total of 24,826 units sold, while Chirey reached 26,842 units, and Great Wall Motor reported a total of 14,455 units sold during the year.

In the premium segment, BMW continues to be the leading brand with 17,335 units sold in 2024, followed by Mercedes Benz with 12,905 units, Audi in third place with a total of 10,499 units, and finally Volvo with 7,105 sales.

Source: Cluster Industrial