Mexico Truck Production Plunges 50% In February As US Exports Slow
By Noi Mahoney of FreightWaves
Mexico’s heavy-vehicle industry posted sharp year-over-year declines in production, exports and sales in February, signaling continued weakness across the country’s truck manufacturing sector.
Mexico’s National Institute of Statistics and Geography (INEGI) reported that 6,974 heavy vehicles were produced in February, a 49.1% decline compared to the same month in 2025. Exports also fell, with 7,849 units shipped abroad, a 32% drop year over year.
The declines also offer a window into the broader North American freight cycle. Mexico is a key production hub for tractor-trailers used by U.S. fleets moving goods across the U.S.-Mexico border. When freight demand softens or carriers delay fleet upgrades in the U.S., Mexico’s truck factories and export volumes often move in tandem.
Domestic demand also weakened significantly. Retail sales totaled 2,303 units in February, down 38.9% from a year earlier, while wholesale sales reached 1,836 units, a 27.3% decline compared with February 2025.
For the first two months of 2026, the industry produced 13,767 heavy vehicles, representing a 50.5% decline from the same period last year, while exports totaled 12,925 units, down 42.6% ...
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