Although truck manufacturers in Mexico project that at the end of the year they will reach record sales figures, by 2025 they anticipate a discouraging scenario.
At the end of 2024, retail truck sales would achieve an increase of 11%, with the marketing of some 57,343 units, the AMDA projects.
In the case of wholesale truck sales, the industry forecasts to conclude the year with a record: more than 60 thousand units will have been sold, which would mean 12.4% growth above the 2023 record.
But by 2025, retail and wholesale sales would see declines that could be up to 2 digits.
Don’t miss: The CEO of Mercedes-Benz Autobuses in Mexico will take charge in Germany
According to Guillermo Rosales, executive president of the Mexican Association of Automotive Distributors (AMDA), this panorama that considers a possible stagnation or a fall in truck sales by 2025 is based on the country’s official growth projections.
The growth of the economy for 2025 is projected at 1.5%, with which the commercialization of trucks in the domestic market would advance 1%, a level similar to that of 2024, the manager explained this Monday in a conference with the media.
“We are also outlining a second scenario, analyzing the trends and the political perspective, in which instead of having a GDP growth of around 1.5%, there could be a slight decrease in economic activity in Mexico of up to one point. percentage, and in that scenario we would be observing a 3% decrease (in retail truck sales),” he said.
Alejandro Osorio, director of Public Affairs and Communication of the National Association of Truck and Tractor Producers (ANPACT), whose figures project a drop of more than 30% in wholesale truck sales by 2025, recalled that next year Mexico will face challenges in foreign trade.
80% of Mexican truck exports are destined for the United States, and in that country there will be a new president in 2025, he explained.
“We will be waiting to see what public policies the new US Government announces, and how they will impact the demand for vehicles,” he expressed during his participation in the conference.
Do you use Facebook more? Leave us a like to be informed
