Strong May after weak April in Mexican sales
April saw Mexican light vehicle sales drop by 3.3 percent, bringing an end to a two-year rise. That did actually not come as a surprise, as the Semana Santa fell in the fourth month of the year. Moreover, the growth curve was already showing signs of a cool-down in Q1. However, May 2017 turned out to be one of the most successful ever in Mexican car history, according to Autos Actual, with 122,196 units taking to Mexican roads – an increase of 1.1 percent over an already brilliant May 2016.
The YTD number for light vehicles in Mexico is 615,641 units, which is 4.8 percent more compared to last year. Absolute market leader with a share of 24.8 percent is Nissan – it has been dominating the Mexican market for eight consecutive years, and five of its models are in the top-10 of most popular vehicles. The Nissan Versa defends its number one position. New in the top-10 is the Honda CR-V.
Picture copyright: Honda, 2017 | 13/06/2017 | Dieter Quartier