Mexico Mexico - New motor vehicle registrations

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Vehicle registrations - Mexico. February of 2024

Mexicans passenger car registrations rise

In February, vehicle registrations in Mexico grew by 11.73% with respect to February of 2023. In total, 117,862 cars were registered and 1,444,991 new cars were sold in the last twelve months, 23.97% more than the year before.

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

  • Commercial vehicles sold: 69,767, 21.97% more than in February of 2023.
  • Passenger cars regitrations: 48,095, which represents a figure of 0.41% less than in February of 2023.

Mexico is the 12th-placed country in ranking of 137 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 11.4 cars per 1,000 residents, 0.93 of them in the last month, Mexico, occupies 51th place in the ranking.

As can be seen, the number of registrations per thousand residents has grown in the last year. The increase in this figure is positive, as it generally indicates improved public confidence in the country's 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 2014, as 1,102,149 were produced that year as have the number of registrations per thousand residents, which that year numbered 9.3.

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 202469,76748,095117,8620.93839,849605,1421,444,99111.40
January 202468,41347,976116,3890.92827,281605,3391,432,62011.31
December 202384,86463,141148,0051.17815,830598,0911,413,92111.16
November 202375,87957,820133,6991.06807,930585,5721,391,08210.98
October 202369,50348,855118,3580.93792,765568,3491,356,46810.71
September 202372,02950,469122,4980.97782,246556,4451,332,54610.52
August 202367,83450,769118,6030.94762,641543,9351,299,21810.25
July 202367,55547,622115,1770.91748,917534,6011,275,29610.07
June 202369,19748,891118,0880.93731,742523,2311,246,2859.84
May 202364,94246,474111,4160.88715,132515,7311,222,1829.65
April 202361,56839,889101,4570.80701,250512,6161,205,1799.51
March 202368,29855,141123,4390.97685,896513,2491,190,4569.40
< 2023 2025 >
Mexico - New motor vehicle registrations
Mexico - New motor vehicle registrations