Loading...

Loading...

GM Faces Logistic Hurdles, Chinese Competition
By Reneé Lerma - Mon, 09/25/2023 - 10:35
In the first eight months of 2023, GM experienced an 8.8% decline in vehicle production.
https://mexicobusiness.news/tag/sales-trends
More Automotive
Hybrid, EVs Could Reach 19% Market Share by 2030
By Héctor Soto - Tue, 09/12/2023 - 15:19
Hybrid and EVs in Mexico could hit a 19% market share by 2030, says Frost & Sullivan. Government incentives could boost further 39% growth.
Chinese Automaker GWM Outlines Manufacturing Plans in Mexico
By Héctor Soto - Mon, 09/11/2023 - 09:48
Chinese automaker GWM expands into Mexico, introducing hybrid SUVs, investing in local manufacturing and prioritizing advanced technology
Domestic Market Reports Record-Breaking Sales in August
By Reneé Lerma - Thu, 09/07/2023 - 10:43
South Korea bets on Zacatecas, while Mexico’s domestic market reports record-breaking vehicle sales.
This is the Week in Automotive!
123 Lease Secures US$30 Million in Financing
By Héctor Soto - Wed, 09/06/2023 - 17:05
123 Lease secures US$30 million in financing from Emso Private Credit Fund to expand its operations.
BBVA Mexico and GWM Forge Automotive Financing Partnership
By Héctor Soto - Tue, 09/05/2023 - 15:19
Chinese company Great Wall Motor aims to increase accessibility to its vehicles through an alliance with BBVA.
Geely to Arrive in Mexico in 4Q23
By Héctor Soto - Fri, 09/01/2023 - 14:45
Chinese manufacturer Geely Auto Group is set to establish its presence in Mexico
Mexico's Automotive Fuse Market Drives Ahead
By Reneé Lerma - Fri, 09/01/2023 - 10:20
Mexico’s automotive fuse market is positioned to experience substantial growth, driven by nearshoring, more car sales and a loyal customer base.
Xpeng, Kaga and BBVA in the Spotlight: The Week in Automotive
By Reneé Lerma - Thu, 08/31/2023 - 10:00
Mexico's automotive sector attracted a record-breaking $5.024 billion FDI in 1H23. This news and more in the weekly roundup.
Sonora's New Car Sales Lag by 30% Amid Growing Demand for Credit
By Reneé Lerma - Wed, 08/30/2023 - 17:25
Sonora’s new car sales continue to lag below pre-pandemic levels, a problem compounded by limited access to automotive credit.