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October Mexican light vehicle sales up 18.9% year-over-year

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Data from the Mexican automobile market reveals that October 2022 light lorry sales in the nation are up 18.9%, year-over-year, to 91,101 units. Although this the sixth successive increase, overall sales quantities are still14.9% below the pre-pandemic level (Oct 2019/ 107,110 units) and also 33.7% less than the document for the very same month (Oct 2016/ 137,503 systems), according to a report Thursday from the nation's statistics company, Inegi, making use of information from the automotive sector organization, AMIA.Total sales of light vehicles include both locally generated and also imported vehicles.Mexican car sales between January and October of this year totaled 869,628 systems, which shows a 4.2% rise, year-over-year. Nonetheless, this quantity is likewise 18.2% listed below the pre-pandemic degree (1,062,667 systems) as well as 31.0% below the document sales for the very same duration (2016 with 1,259,645 systems). .

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