Decline in heavy-duty vehicle industry

Although Mexico’s automotive industry saw an uptick in February and March of this year, the country recorded a decline during the first quarters of the year, according to figures from INEGI.

According to the Administrative Registry of the Heavy Vehicle Automotive Industry (RAIAVP), which compiles the results of the 10 companies affiliated with the National Association of Bus, Truck, and Tractor Manufacturers (ANPACT), as well as three non-affiliated companies; Mexico exported 23,550 units, representing a 30.3% drop compared to the same period in 2025. The United States was the main destination for heavy vehicle exports, accounting for 92% of the total.

Freight vehicles accounted for 97.6% of the total units produced during the January–March 2026 period, while the remainder consisted of passenger buses.

In the domestic market, the 13 companies comprising this registry reported a 34.9% year-over-year decline in retail sales during the first quarter of 2026. In the wholesale market, the decline was 18.08% during the same reference period, with 7,277 and 6,496 units sold, respectively.

Retail vehicle sales totaled 2,901 units, while wholesale sales totaled 2,984 units, representing a 18.56% decrease and a 6.72% annual increase, respectively.