Industry forecast to see 4% CAGR over 2015-2020, thanks to anticipated growth in new car and growing automotive fuel sales
Mexico gradually liberalises its oil industry, which is expected to break-up Pemex monopoly and attract new players into the fuel retail industry
New car sales in Mexico grow 19% to nearly 1.4 million units in 2015, while 2016 sees 14% volume sales growth
Industry’s turnover grows 5% in 2015 to MXN607.6 billion, due to growing new car sales, expanding vehicle fleet and liberalisation of the oil industry
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