Fast Market Research

Mexico Autos Report Q1 2014 - New Study Released

Recently published research from Business Monitor International, "Mexico Autos Report Q1 2014", is now available at Fast Market Research

 

Boston, MA -- (ReleaseWire) -- 02/20/2014 -- Light vehicle sales in Mexico decreased 2.0% y-o-y in September 2013, to 78,351 units. Over the year to date, sales in this segment have increased 7.3% y-o-y, to 755,315 units. This recent moderation in sales growth is in line with BMI's core view that the market would cool slightly in the final months of 2013, mostly due to base effects from strong sales figures in Q412. We forecast passenger car sales to increase 6.6% and LCV sales to increase 8.0% in 2013. BMI maintains a bullish view on the Mexican consumer story, as retail sales have remained resilient in recent months and broader measures of consumer sentiment are positive.

Light vehicle production in Mexico dropped 4.6% year-on-year (y-o-y) in September 2013, to 241,740 units. Over the first nine months of the year, however, light vehicle output increased 4.4% y-o-y, to 1,986,759 units, on the back of increases in production for export and the domestic market. BMI forecasts passenger car production to increase 6% and light commercial vehicle (LCV) production to increase 4.5% in 2013. We expect to see output pick up slightly in the final few months of the year chiefly on the back of increasing production for export volumes.

View Full Report Details and Table of Contents

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Transportation research reports at Fast Market Research

You may also be interested in these related reports:

- Russia Autos Report Q1 2014
- Saudi Arabia Autos Report Q1 2014
- Kuwait Autos Report Q1 2014
- Thailand Autos Report Q1 2014
- Serbia Autos Report Q1 2014
- United Arab Emirates Autos Report Q1 2014
- Algeria Autos Report Q1 2014
- Bahrain Autos Report Q1 2014
- Egypt Autos Report Q1 2014
- Taiwan Autos Report Q1 2014