Households drive market demand, with household spending representing 78.9% of total demand in 2022. Hyun Dai SA de CV is the largest company in Mexico, generating 29.6% of the industry’s total turnover value in 2022. The industry is concentrated, with the top five companies generating 92.7% of total production value in 2022. The total number of companies increases in 2022, to 1,369,910 units. The costs of the industry increase by 23.9% in 2022, largely driven by rising labour costs. The industry’s profitability decreases and stands at 31.3% of turnover in 2022, the highest regionally. With turnover of USD50.6 billion, Mexico accounts for 38.4% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in Mexico: ISIC 50. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in Mexico: ISIC 50 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of retail, sale, maintenance and repair of motor vehicles, retail sale of automotive fuel, and wholesale trade.
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