Mexico: light vehicle production 2010-2023
The number of light vehicles produced in Mexico amounted to almost 3.78 million in 2023, representing an increase of around 14 percent in comparison with the production volume reported a year earlier. A decrease of 20 percent was reported from 2019 to 2020 when the COVID-19 pandemic hit the world. However, as a prolonged effect of the pandemic, the production decreased further in 2021.