Heavy vehicle wholesale sales rise 45.5 percent in June

Mexico's heavy vehicle industry reported a rebound in wholesale sales during June, with a 45.5 percent increase compared to the same month last year.

The National Association of Bus, Truck and Tractor-Truck Producers (ANPACT) reported that 3,278 units were sold wholesale in June. This marks an increase from the 2,253 units sold in June 2025. In the January-to-June period, sales reached 14,979 vehicles, up 3.1 percent from the first half of the previous year.

The cargo segment drove performance, with retail sales of 3,194 units, a 3.9 percent annual rise. In contrast, production and exports declined. June assembly totaled 15,262 heavy vehicles, down 7.6 percent year-over-year, while exports fell 3.2 percent.

ANPACT executive president Rogelio Arzate Tapia noted that the positive results confirm the industry's responsiveness. He cautioned, however, that sustaining the momentum will depend on a stable environment amid the United States government's review of the USMCA. The group also voiced concern over imports of used vehicles from the United States.

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Busy border crossing with trucks and flags illustrating record Mexican exports to the US
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Mexican exports to US hit record in May amid USMCA annual reviews

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Mexican exports to the United States reached a record 54.179 billion dollars in May, up 17.5 percent year-over-year, according to US Census Bureau data. Mexico solidified its position as the top US trading partner. The United States-Mexico-Canada Agreement (USMCA) was not renewed on July 1 and will undergo annual reviews for the next ten years.

In the first half of 2026, 754,394 light vehicles were sold in Mexico, surpassing the level reached in 2017.

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Automakers produced 37,029 vehicles in June, down 1.9% from May and 13.6% year-over-year, according to ADEFA.

Toyota announced on July 7 the gradual move of Tacoma pickup production from Tijuana to the United States, a shift set to conclude in 2030.

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US retail sales increased for a fifth consecutive month in June, rising 0.2 percent to 768.6 billion dollars. The modest gain matched expectations but represented a slowdown from the prior month.

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Net earnings from selling a 100,000 yuan car have fallen to 1,500 yuan, according to industry data. Profit margins for carmakers dropped to 1.5 per cent from 3.4 per cent in May. Sales in the first half of the year fell 20.2 per cent year on year.

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