Mexico truck production plunges nearly 50% in February

Mexico’s heavy-vehicle manufacture posted crisp year-over-year declines successful production, exports and income successful February, signaling continued weakness crossed the country’s motortruck manufacturing sector.

Mexico’s National Institute of Statistics and Geography (INEGI) reported that 6,974 dense vehicles were produced successful February, a 49.1% diminution compared to the aforesaid period successful 2025. Exports besides fell, with 7,849 units shipped abroad, a 32% driblet twelvemonth implicit year.

The declines besides connection a model into the broader North American freight cycle. Mexico is simply a cardinal accumulation hub for tractor-trailers utilized by U.S. fleets moving goods crossed the U.S.-Mexico border. When freight request softens oregon carriers hold fleet upgrades successful the U.S., Mexico’s motortruck factories and export volumes often determination successful tandem.

Domestic request besides weakened significantly. Retail income totaled 2,303 units successful February, down 38.9% from a twelvemonth earlier, portion wholesale income reached 1,836 units, a 27.3% diminution compared with February 2025.

For the archetypal 2 months of 2026, the manufacture produced 13,767 dense vehicles, representing a 50.5% diminution from the aforesaid play past year, portion exports totaled 12,925 units, down 42.6% twelvemonth implicit year.

Industry officials accidental the downturn reflects weakening request successful Mexico’s home trucking market, which has present posted much than a twelvemonth of declines.

Cristina Vázquez, coordinator of economical studies for the Mexican Association of Automotive Distributors (AMDA), said the marketplace has been successful a prolonged contraction.

“With the results released today, we person accumulated 14 consecutive months of diminution successful the Mexican marketplace successful year-over-year terms,” Vázquez said during a quality league connected Tuesday.

Retail income successful February totaled 2,303 dense vehicles, astir 39% less than the aforesaid period successful 2025, reflecting a slowdown aft grounds request successful 2024.

Vázquez said weakening concern trends are besides weighing connected motortruck purchases.

“The fixed gross concern indicator — peculiarly machinery and instrumentality — has been successful antagonistic territory for much than a year,” she said. “That sends a precise applicable awesome astir assurance successful the economical situation and the willingness of companies to put successful superior assets specified arsenic dense vehicles.”

Manufacturing declines were wide crossed the dense motortruck sector.

Of the 6,974 dense vehicles produced successful February, astir 6,739 were cargo trucks and tractor-trailers, portion 235 were rider buses, according to figures presented during the quality conference.