Mexico Light Vehicle Production Declines in May 2026 Despite Export Growth

Light vehicle manufacturing activity in Mexico softened during May 2026 as automakers produced 342,926 units, representing a 3.7% decline from the 356,113 vehicles assembled during the same month in 2025. The figures were reported by the National Institute of Statistics and Geography (INEGI) and reflect mixed production trends across vehicle manufacturers operating in the country. While several brands recorded notable gains, production declines among larger manufacturers weighed on the overall industry result for the month.

Mexico Light Vehicle Production Performance in May 2026

Production results varied significantly among manufacturers. Some automakers expanded output, supported by stronger demand and production planning, while others experienced substantial reductions compared with May 2025. The performance highlights the differing operating conditions and product cycle impacts affecting individual companies within the Mexican automotive manufacturing sector.

Automakers Recording Production Growth

The following manufacturers reported year-on-year production increases during May 2026. Chrysler posted the strongest growth rate among major producers, while Acura, Volkswagen and Mazda also achieved positive results.

Light Vehicle Production Increases in May 2026

Manufacturers Reporting Lower Production

Several automakers recorded lower assembly volumes compared with the previous year. The steepest decline was reported by Mercedes, followed by BMW Group and Nissan. Other manufacturers including Audi, Ford, Honda, Toyota, GM, JAC and Kia also experienced year-on-year decreases in output during the month.

Light Vehicle Production Declines in May 2026

Vehicle Exports Continue to Grow

Despite the overall decline in manufacturing output, export activity remained resilient. Mexican light vehicle exports reached 306,288 units in May 2026, representing a 1.7% increase compared with the previous year. The growth indicates that external demand remained relatively stable, helping support the country's automotive industry even as production volumes weakened across several manufacturers.

Industry Calls for Export Market Diversification

The Mexican Auto Parts Industry Association (INA) highlighted the country's dependence on North American markets. According to the association, “Currently, 87% of Mexican production is going to the United States and just over 2% to Canada. This is a challenge we face, and we need to create export opportunities in South America and Europe and develop niche markets. Building a robust supply chain within Mexico is important to respond to market diversification.” The statement underscores the industry's focus on expanding export destinations and strengthening domestic supply chain capabilities to support future growth.

Frequently Asked Questions

How many light vehicles were produced in Mexico during May 2026?
Mexico produced 342,926 light vehicles during May 2026, according to official data released by INEGI. This represented a 3.7% decline compared with the 356,113 units manufactured during May 2025. The decrease resulted from lower production volumes reported by several major automakers, including Nissan, BMW Group, Mercedes and Ford. However, some manufacturers such as Chrysler, Acura, Volkswagen and Mazda recorded production growth, partially offsetting broader declines across the sector.

Did Mexico's vehicle exports increase in May 2026?
Yes, Mexico's light vehicle exports increased during May 2026 despite weaker overall production levels. Export volumes rose by 1.7% year-on-year to reach 306,288 units, reflecting stable demand from international markets. Industry representatives noted that a large share of Mexican vehicle production is exported to the United States and Canada. The automotive sector is also exploring opportunities in South America and Europe while strengthening local supply chains to support market diversification and long-term export growth.