New Market Study Published: Mexico Autos Report Q1 2013
Over the first nine months of 2012, sales of passenger cars and light trucks in Mexico increased by 11.4% year-on-year ( y-o-y), to 703,659 units. BMI forecasts growth of 8.7% in 2012 in the passenger car segment, and 9.4% in the light commercial vehicle (LCV) segment. We maintain these forecasts, as we believe private consumption will moderate somewhat in the latter part of the year, with sales volumes dropping in line with our forecasts.
View full press release