Mexico’s light vehicle exports recover in first semester of 2026
Exports of light vehicles made in Mexico increased slightly in the first half of 2026, despite the United States’ imposition of tariffs on Mexican autos last year and a sharp decline in exports in June. The national statistics agency INEGI reported Tuesday that Mexico exported just under 1.69 million light vehicles (light trucks and cars) between January and June, a 1.4% increase compared to the same period of last year. Mexico’s light vehicle exports have their worst first quarter since 2021 INEGI also reported that light vehicle exports declined 9.2% annually in June to 301,009 units. The newspaper El Economista attributed the decline in June to the U.S. tariffs, which aim to protect the U.S. auto industry and which took effect in April 2025 . U.S. content in Mexican vehicles is exempt from the 25% duty, lowering the effective tariff for virtually all cars shipped north. The United States is easily the largest market for light vehicles exported from Mexico. In the first s...