Government announces program to modernize heavy vehicle fleet

President Claudia Sheinbaum and Economy Secretary Marcelo Ebrard unveiled the Immediate Attention Program for the Protection of the Heavy Vehicles Industry, offering fiscal incentives and financing up to 6 billion pesos. The plan aims to renew a fleet averaging 19 years old, enhance road safety, and cut polluting emissions. Manufacturers and transporters have welcomed the initiative positively.

In the morning press conference on March 27, President Claudia Sheinbaum, alongside Economy Secretary Marcelo Ebrard, announced the Immediate Attention Program for the Protection of the Heavy Vehicles Industry, part of Plan México. The package features 2 billion pesos in accelerated depreciation for buying new buses and trucks made in Mexico, plus 250 million pesos through Nacional Financiera that could leverage up to 4 billion more in credit, totaling 6 billion pesos. The current fleet averages 19 years old, with obsolete technology, high emissions, and low safety standards. The sector handles over 80% of merchandise and passengers nationwide, employing around 200,000 people. Sheinbaum stated: “This is a very important program that will help us reduce pollutants and improve freight transport conditions, while producing more vehicles in Mexico and expanding the production chain.” Ebrard added: “The goal is to protect jobs and income for thousands of Mexican families... We need to strengthen safety for drivers and pedestrians, reduce emissions, and protect our national industry against used vehicle imports; this levels the playing field.” The program sets estimated prices for used vehicle imports from the United States to curb undervaluation, introduces a new Official Mexican Standard for safety including seatbelts, mirrors, and more, and provides financing from the Secretariat of Infrastructure, Communications and Transport (SICT) and Nafin. Sector leaders praised it: CONCAMIN's Alejandro Malagón called it a “positive signal for the industrial sector”; ANPACT's Rogelio Arzate saw it as “a positive signal for fleet modernization.” Groups like CANACAR, CANAPAT, ANTP, and others expressed support.

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