Automotive industry

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Mexico's heavy vehicle market saw a 31% decline in 2025, described as truly catastrophic by the National Association of Bus, Truck, and Tractor Producers (Anpact). The drop exceeded gloomy forecasts following 2024's record high and affected the entire production chain in the sector. Key factors include deteriorating business expectations and an uncertain economic environment.

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New details from 2025 full-year figures show China's BYD extending its advantage over Tesla by over 600,000 EV units, fueled by overseas expansion and stark December contrasts in markets like Germany.

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