Vehicle registrations - Mexico. November of 2018

Mexicans passenger car registrations fall in November

In November, vehicle registrations in Mexico fell by 5.98% with respect to November of 2017. In total, 136,903 cars were registered and 1,480,327 new cars were sold in the last twelve months, 7.96% less than the year before.

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

  • Commercial vehicles sold: 55,361, 3.09% more than in November of 2017.
  • Passenger cars regitrations: 81,542, which represents a figure of 11.05% less than in November of 2017.

Mexico is among the ten countries where the greatest number of cars have been registered in the last year, in ranking of 36 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 11.98 cars per 1,000 residents, 1.11 of them in the last month, Mexico, occupies one of the final places in the ranking, meaning that its population is among those in the table with the least spending power.

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 2008, as 1,099,365 were produced that year as have the number of registrations per thousand residents, which that year numbered 10.01.

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.
November 201855,36181,542136,9031.11584,477896,8951,480,32711.98
October 201850,48670,427120,9130.98582,818907,0211,489,03912.06
September 201847,29570,906118,1140.96582,857913,1701,494,90712.10
August 201847,00175,908121,8500.99581,426915,4651,496,62112.12
July 201844,32573,223117,6870.95584,776919,4141,503,43912.17
June 201848,05275,248122,9661.00586,568925,1571,511,38312.24
May 201846,41671,695117,6850.95586,550933,2331,519,05012.30
April 201845,26367,462112,2700.91588,749939,6901,527,86212.37
March 201847,14274,809122,1480.99588,926945,0061,533,65012.42
February 201843,54469,072112,5970.91593,015959,5931,551,31412.56
January 201845,07767,192113,2920.92591,466969,5731,560,40812.63
December 201764,51599,411163,9021.33591,221984,0811,574,12412.74
< 2017
Mexico - New motor vehicle registrations
Mexico - New motor vehicle registrations