Mexico Car Output Slumps 17.7% in October

2026-11-09 12:13 By Agna Gabriel 1 min. read

Mexico’s light vehicle production fell 17.7% year-on-year to 302,803 units in October 2026, down from 367,928 a year earlier, marking the steepest monthly decline since 2021.

The contraction was attributed largely to weaker US demand, alongside the impact of tariffs on Mexican-made vehicles entering the US and the removal of incentives for electric cars.

Several major automakers reported significant drops in output, led by General Motors, whose production fell 45.5% compared with October 2025.

Stellantis recorded a 37.4% decline, while BMW Group and Nissan saw decreases of 17.4% and 16.4%, respectively.

Kia’s production was down a more modest 2.8%.

The weakness also affected cumulative performance, with Mexico assembling 3.25 million vehicles between January and October 2026, a 3.9% decrease from the 3.39 million units produced over the same period last year.



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Mexico Car Output Slumps 17.7% in October
Mexico’s light vehicle production fell 17.7% year-on-year to 302,803 units in October 2026, down from 367,928 a year earlier, marking the steepest monthly decline since 2021. The contraction was attributed largely to weaker US demand, alongside the impact of tariffs on Mexican-made vehicles entering the US and the removal of incentives for electric cars. Several major automakers reported significant drops in output, led by General Motors, whose production fell 45.5% compared with October 2025. Stellantis recorded a 37.4% decline, while BMW Group and Nissan saw decreases of 17.4% and 16.4%, respectively. Kia’s production was down a more modest 2.8%. The weakness also affected cumulative performance, with Mexico assembling 3.25 million vehicles between January and October 2026, a 3.9% decrease from the 3.39 million units produced over the same period last year.
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