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Global Industry Slows as 100-Million-Unit Production Target Fades
By MBN Staff - Thu, 10/16/2025 - 18:01
The global target of 100 million units and Mexico’s 2025 goal of 4 million vehicles are uncertain, as automakers face challenges.
https://mexicobusiness.news/tag/eric-ramirez
More Automotive
Financing Drives 70% of Chinese Car Sales in Mexico, AMDA Says
By Teresa De Alba - Fri, 10/10/2025 - 15:39
From Jan–Aug 2025, 71.9% of Chinese-brand vehicles in Mexico were financed, a record high vs. 61% in 2024
Mexico’s Auto Loans Grow 2.6%, Cover Most New Sales
By Teresa De Alba - Fri, 08/15/2025 - 13:01
Mexico’s auto financing grew 2.6% in 1H25 with 430,587 loans, covering 60.7% of new vehicle sales, AMDA reports
Chinese Cars Lose Market Share in Mexico in 2025
By Teresa De Alba - Mon, 08/11/2025 - 16:08
Chinese-made cars’ market share in Mexico fell to 19.9% in 2025 from 21.3% in 2024, with further declines expected amid logistics and demand woes
Automakers Adjust Strategies, Slow Decarbonization Amid Tariffs
By MBN Staff - Wed, 05/07/2025 - 13:23
Amid tariff uncertainty, automakers cut production, focus on key models, adopt regional strategies, and slow vehicle decarbonization efforts
Mexico Auto Output May Fall 10% Amid US Tariffs
By MBN Staff - Mon, 04/07/2025 - 13:43
Mexico’s auto production may drop 10% in 2025 as automakers adapt to US tariffs and trade rule compliance
BMW Expands EV, Battery Output in Mexico Amid Trade Shifts
By MBN Staff - Mon, 02/10/2025 - 16:30
BMW expands EV and battery production in San Luis Potosí, reinforcing its long-term commitment to Mexico amid trade policy uncertainties
September Auto Sales Hit 2016’s Levels: The Week in Automotive
By Héctor Soto - Thu, 10/12/2023 - 10:00
Mexico's auto sales hit 2016’s levels in September. Meanwhile, Tesla denies rumors of canceling its megaplant in Nuevo Leon.
Mexico's “Chocolate” Car Legalization Rattles Used Car Market
By Reneé Lerma - Thu, 10/05/2023 - 18:16
The problems caused by "chocolate” cars persist in Mexico, as many desire to avoid high import taxes and stringent regulations.