Vehicle registrations - Mexico. February of 2020

Drop in number of Mexicans passenger car registrations

In February, vehicle registrations in Mexico fell by 0.2% with respect to February of 2019. In total, 106,652 cars were registered and 1,349,883 new cars were sold in the last twelve months, 7.45% less than the year before.

The breakdown of car sales figures for the month of February is:

  • Commercial vehicles sold: 44,139, 2.53% less than in February of 2019.
  • Passenger cars regitrations: 62,513, which represents a figure of 1.42% more than in February of 2019.

Mexico is the 15th-placed country in ranking of 135 countries based on number of vehicle registrations.

A very useful variable for estimating the level of economic wealth enjoyed by Mexicans residents, when compared to the other countries in the ranking, is the number of vehicles sold or registered per thousand residents in the last year. With annual sales of 10.82 cars per 1,000 residents, 0.86 of them in the last month, Mexico, occupies 56th place in the ranking.

As can be seen, the number of registrations per thousand residents has fallen in the last year. A drop in registrations generally indicates a fall in consumer confidence and, when it is sustained, a recession in the real economy.

Changes in Mexican vehicle registration numbers are shown in the tables below. As several studies indicate, these changes are very much related to changes in GDP and, hence, to a country's economic situation. Sales have grown since 2010, as 768,685 were produced that year as have the number of registrations per thousand residents, which that year numbered 6.81.

Here we show you the progression of vehicle registrations in Mexico. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Mexico in en Mexican economy.

Mexico - New motor vehicle registrations
DateCommercial vehicles MonthPassengers vehicles MonthMonthly vehicle salesMonthly Vehicles/ 1,000 p.Commercial vehicles YearPassengers vehicles YearAnnual vehicle salesAnnual Vehicles/ 1,000 p.
February 202044,13962,513106,6520.86583,224769,2311,349,88310.82
January 202045,03562,231107,2200.86583,886768,4201,350,09710.82
December 201955,39078,468134,3161.08585,245774,4431,357,03010.88
November 201957,32270,527127,8231.02588,467776,0471,369,66810.98
October 201947,93862,538110,4010.89587,196786,9361,378,74811.05
September 201946,14858,027104,1650.84590,364794,7441,389,26011.14
August 201947,98963,082110,7190.89591,511806,1201,403,20911.25
July 201946,91762,690109,0430.87590,648816,3041,414,34011.34
June 201947,25663,936110,5590.89588,323824,4271,422,98411.41
May 201945,36161,116106,0280.85589,601847,0421,435,39111.51
April 201945,83056,396101,9450.82589,307859,2131,447,04811.60
March 201953,89967,707121,0120.97588,975870,2881,457,37311.68
< 2019
Mexico - New motor vehicle registrations
Mexico - New motor vehicle registrations