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China becomes the main supplier of cars to Mexico for the first time in 2022
4 January, 2023
MEXICO – Cars manufactured in China have conquered Mexicans, and for the first time in 2022, the Asian country will become the main supplier of light vehicles to Mexico, ahead of the United States.
From January to November 2022, Mexico imported 153,707 vehicles made in China out of a total of 651,710 units it acquired from the world, representing 23.5%. Therefore, there were 8 automotive brands, 5 of them Chinese.
In 2022, China was the main supplier of cars in Mexico, while the United States became the second supplier of cars to the Mexican market with 92,591 units, followed by Brazil with 88,592 and Japan with 65,714 cars.
The arrival of Chinese companies to our country before and during the pandemic, among them BAIC, MG, JAC, Chirey, and others such as the recently arrived SEV and BYD, are increasing their sales taking advantage of the availability of models.
Eric Ramirez, regional director Latam of Urban Science, said that in Mexico there is already a participation of products manufactured in China, over 16% and has been satisfactory customer experience with respect to these products, for performance and what they have evolved in years.
During 2022, General Motors positioned itself as the leader in car sales in Mexico, and one of its strategies was to source Chinese cars, in addition to North American manufacturing, as an option to serve the Mexican market. The U.S. brand imported units from China in its alliance with Shanghai Automotive Industry Corp (SAIC) and now offers 9 models to Mexican consumers.
However, China not only became the main supplier of cars to Mexico, but is the great promoter of electric vehicles at lower cost, said Guido Vildozo, associate director of research and analyst for the Americas at S&P Global Mobility,
On the other hand, Guido Vildozo, associate director of research and analyst for the Americas at S&P Global Mobility, said that China not only became the main supplier of cars to Mexico, but it is the great promoter of electric vehicles at lower cost.
“This is possible because we have the presence of Chinese brands that will accelerate the presence of electric cars and this is what we will see in the next five years”, he concluded.
China is the main supplier of cars to Mexico - MEXICONOW
Cars manufactured in China have conquered Mexicans, and for the first time in 2022, the Asian country will become the main supplier
mexico-now.com
