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Mexico Leads EV Growth: The Week in Auto
By Óscar Goytia - Thu, 10/16/2025 - 13:21
Mexico tops US EV imports, VEMO opens the largest hub in the country, and Ford launches hybrids. This is the week in automotive.
https://mexicobusiness.news/tag/vehicle-financing
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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
Amazon Expands to Car Sales, Partners with Hyundai
By Óscar Goytia - Fri, 12/13/2024 - 12:24
Amazon, in partnership with Hyundai, launched an online car sales platform, enabling US customers to browse and buy vehicles in 48 cities
MG Motor to Build New EV Plant: The Week in Automotive
By Óscar Goytia - Thu, 08/15/2024 - 11:36
MG Motor will build an EV plant and R&D center in Mexico, boosting the country’s growing automotive sector. This is the Week in Automotive!
Choosing Your New Vehicle, and the Best Financing Option
By Fernando Enciso Pérez Rubio - Tue, 08/13/2024 - 10:00
When buying a new vehicle, focus first on your needs and budget, then find the financing that works for you, writes Fernando Enciso Pérez Rubio.
Electric, Hybrid Vehicles to Drive the Future of Mexican Mobility
By Óscar Goytia - Tue, 08/13/2024 - 09:51
The automotive market is undergoing major changes with the adoption of new mobility models, says Grupo Autofin México’s Fernando Enciso.
Uber, BYD Partner to Deploy 100,000 EVs Globally
By MBN Staff - Thu, 08/08/2024 - 13:46
Uber and BYD are partnering to deploy 100,000 new electric vehicles on the Uber platform across key global markets, starting in Latin America.
Uber, BYD to Introduce 100,000 EVs Worldwide
By Óscar Goytia - Wed, 07/31/2024 - 17:18
UBER and BYD have announced a partnership to deploy 100,000 EV’s within the ride-hailing platform in a worldwide plan.
Ford Sees 35% Decline in Q2 Earnings Over EV Losses
By MBN Staff - Fri, 07/26/2024 - 14:16
Ford announced that its second-quarter earnings fell short of expectations, showing a 35% year-over-year decline.
Jaecoo Targets Sales of 8,000 Vehicles in Mexico for 2024
By Óscar Goytia - Wed, 02/21/2024 - 18:04
Chinese automaker Jaecoo aims to sell 8,000 vehicles in Mexico, in 2024, with plans to open a manufacturing hub