According to the latest INEGI report, Mexico’s auto exports saw their largest decline in September this year, with analysts linking this drop to US tariff policies.
Mexico’s auto exports decreased by 12% in September year-over-year, marking the largest drop since December 2025, while production dropped 15% monthly.
Despite the slump, domestic sales grew by 8% in September, providing some relief for the crucial manufacturing sector.
The latest data comes as government officials review the US-Mexico-Canada free trade agreement. Amid the ongoing discussions, Mexican cars still face a 25% tariff, and Mexican officials estimate that meeting rules requiring North American-sourced parts would reduce it to 10%-12%.
General Motors last year announced a $4 billion push to shift some production to the US from Mexico as it navigates turbulent tariff policies. The Chevrolet maker, along with Ford and Nissan, posted significant export declines in September.
Mexico’s main auto chamber, AMIA, said at a press conference on Wednesday that Mexico remains the top foreign supplier of cars in the US, supplying 16% of light vehicles in a market that has shrunk 2% so far this year.
By CEO NA Editorial Staff
