empty
 
 

09.11.202612:22:36UTC+00Mexican Auto Exports Plunge as US Tariffs Weigh on Shipments

Mexico’s automobile exports dropped 17.9% year on year to 258,137 units in October 2026, the sharpest annual decline since October 2021, as US tariffs continued to weigh on the country’s automotive sector. The downturn comes amid ongoing US–Mexico trade negotiations, with Mexican-made vehicles still subject to a 25% US tariff, although adherence to North American content rules can lower the effective rate to about 10%–12%. Despite some progress in bilateral talks, no deal has yet been reached on key issues, particularly the lifting of US Section 232 tariffs on steel, aluminum, and automobiles. By manufacturer, exports fell most dramatically at Mercedes-Benz (-100%), followed by General Motors (-47.2%), Mazda (-32.5%), and BMW (-23.1%), while Ford, Stellantis, and Volkswagen also posted significant declines in overseas shipments.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback