During the eleventh month, the automotive industry registered 147,971 vehicles sold, a double-digit increase, recovering the dynamism reported in 2024.

The automotive industry achieved its best sales figures for light vehicles last November since 2016 - when a historic record was reached - and in the eleventh month, 147,971 vehicles were registered, with a double-digit increase, recovering the dynamism reported in 2024.

Automotive companies achieved 14.3% growth in sales compared to those reported in November 2023, when 129,479 units were sold in November of the previous year, marking an increase of 18,492 units, Inegi revealed.

Over the course of this year, the automotive industry has added new Chinese automotive brands to the competition, with Foton Motor joining in November, and GWM and Jetour joining in recent months.

With these figures, the light vehicle market in November was higher than the estimate by the Mexican Association of Automobile Distributors (AMDA), which stood at 144,258 units.

According to Guillermo Rosales, president of AMDA, the estimate had a percentage difference of 2.6% with respect to the observed figure of 147,971 units.

Sales in November are higher than sales in the same pre-pandemic month of 2019, standing at 18.6% above the 124,804 units sold at that time.

Volume brands, such as General Motors and Nissan, are maintaining an upward trend in sales, while MG has recovered from the decline it experienced in recent months. However, Chirey continues to see a decline in sales.

Between January and November 2024, 1,350,362 light vehicles were sold, 10.7% higher than the 1,220,052 units sold in January-November of the previous year, which marked an increase of 130,310 units.