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| Mexico heavy vehicle |
Sharp Decline in Mexico’s Heavy Vehicle Market
Mexico's heavy vehicle sales plummeted by nearly half in July 2025 compared to the previous year. Total sales reached 5,552 units, a 47% drop from 10,511 units in July 2024. Wholesale sales declined even more sharply, falling 60% to 2,175 units. This downturn primarily reflects the logistics sector's delayed investment due to economic slowdown, policy uncertainty, and rising operational costs. Consequently, fleet renewal initiatives have stalled, exacerbating challenges for the transport industry.
Production and Export Downturn Impacts Industry
Heavy vehicle production in Mexico also fell significantly, dropping 55% to 9,690 units in July 2025 from 21,520 in the same month last year. Exports decreased by 23% to 7,890 units. Year-to-date sales from January to July showed a 35% decline to approximately 41,000 units compared to 65,000 units in 2024. These figures underscore weakening demand both domestically and internationally, further pressuring manufacturers and suppliers across the supply chain.
Industry Calls for Support and Fleet Modernization
Industry leaders urge collaborative action between government and businesses to promote financing and incentives for fleet renewal. Rogelio Arzate, president of Mexico's truck and bus manufacturers association (Anpact), emphasized upgrading to safer and more efficient vehicles to enhance logistics security and reduce emissions. Additionally, used vehicle imports from the US dampen demand for new domestic units. Cross-border operational challenges, including language requirements for drivers and increased fuel inspections, further hinder transport activity and investment.
ScrapInsight Commentary
Mexico’s heavy vehicle market contraction reflects broader economic and policy uncertainties impacting logistics demand. Without targeted government incentives, fleet modernization and emissions reduction goals may stall. This decline also threatens downstream demand for diesel and Diesel Exhaust Fluid (DEF), critical in sustainable transport solutions. Close monitoring of trade policies and operational regulations remains essential for market recovery forecasts.
