Mexico City — Mexico’s auto exports posted their biggest slump so far this year, data from statistics office INEGI showed on Wednesday, a decline analysts attributed to tariff policies from the United States, the biggest market for the Latin American country’s top industrial sector.
Mexico’s auto exports fell 12% in September compared with a year earlier, the steepest decline since December 2025, while monthly output slumped 15%. Domestic sales, however, increased 8%, helping buffer the pain for the key manufacturing industry.
Mexican cars still face effective U.S. tariffs of 10% to 12% during USMCA review talks.
More Business
- Cancún Residents Demand Governor’s Intervention Over Alleged Land Fraudster
- Mexico’s Inflation Accelerates for a Second Straight Month to 3.45%
- Tren Maya Freight Project Targets 4.7 Million Tons by 2030
- Cancún Taco Festival Aims to Revive Local Economy in Low Season
- Mexicana de Aviación Adds 24 Winter Flights to Tulum as Rivals Pull Out
