Mexican Vehicle Output Extends Declines

Mexico’s car production fell by 1.8% year-on-year to 311,457 units in February 2026, the lowest figure for that month since 2023. Among the major producers, output decreased at General Motors (-0.3% to 69,652), Nissan (-32.7% to 40,214), Ford Motor (-8.1% to 31,508) and Mazda (-25.7% to 13.460). Production also fell significantly for BMW (-83.9% to 1,431). On the other hand, output increased for Stellantis (+29.4% to 40,865); Volkswagen (+45.1% to 30,032); KIA (+12% to 24,100); Honda (+12.5% to 14,472) and Audi (+132.3% to 11,764). Considering the two first months of 2026, auto output reached 625,774 units, down 0.6% from the same period in 2025.

The production of cars in Mexico jumped 8.5% annually to 243,961 units in December of 2025, rebounding from the 8.4% contraction in the previous month. The increase took place after some volatility in the sector as tariffs on cars and parts by the United States injected uncertainty on demand for Mexico, a major production hub for US consumers. Most of the increase was seen for Ford (55.6% to 34,811) and Stellantis (28% to 33,412). Despite the late-year jump, total car production in 2025 was 0.9% lower than the previous year.

Mexico’s car production fell 8.4% year-on-year to 322,205 units in November 2025, deepening the 3.7% decline seen in October. Output dropped sharply for Honda (-76.4% to 4,085 units), Mazda (-33.4% to 12,574), Nissan (-17.6% to 50,052), and General Motors (-13.1% to 75,121). Smaller declines were also reported by KIA (-3.6% to 24,000) and Toyota (-2.5% to 24,204). In contrast, production rose at Ford (22% to 34,484), Volkswagen (13% to 33,056), and Stellantis (2.1% to 35,587). From January to November, total output reached 3.71 million units, down 1.5% from the same period in 2024.