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Mexico Autos Q4 2019

Mexico Autos Q4 2019

Key View :

We forecast passenger vehicle sales to contract by 10.9% in 2019, accompanied by a 2.1% growth in commercial vehiclesales, due to rising fuel prices, higher interest rates, and weaker disposable income growth since the population is highly leveraged.However, we expect the situation to improve under the new president, Andrés Manuel López Obrador, who promotes risingminimum wages and pension reform. We also expect upcoming free trade agreements with US-Canada and Mercosur bloc to aidthe automotive industry. This will likely bring an end to fiscal austerity, providing some much-needed support for vehicle sales in2019 onwards.

Key View
Industry Forecast
Industry Forecast Scenario
Passenger Vehicles
Commercial Vehicles
Industry Risk/Reward Index
Americas Autos Production Risk/Reward Index
Americas Autos Sales Risk/Reward Index
Mexico Autos Sales Risk/Reward Index
Mexico Autos Production Risk/Reward Index
Regional Overview
Autos Investment Round-Up: Upcoming Trade Agreements Attract Investments To Mexico And Brazil
Mexico Demographic Outlook
Autos Methodology

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