Editor's note: This story is part of the WardsAuto digital archive, which may include content that was first published in print, or in different web layouts.
Driven by robust consumer demand, sales of new cars and light trucks in Mexico reached a third-consecutive October record as dealers retailed 137,115 LVs at a rate of 5,274 on each of 26 selling days.
That surpassed by 23.3% the 4,277-a-day pace on volume of a then-record 119,751 units posted a year earlier, when the month had 28 selling days.
It also topped by 0.4% September’s daily rate of 5,254 units, on sales of a record 131,346 vehicles.
Both car and light-truck deliveries soared to new heights in October.
Car deliveries rose 23.4% against year-ago to a record 86,718 units compared with 75,708 in like-2015, while light-truck deliveries were up 23.2% to 50,397 from 44,043.
And, although the car-sales pace slipped 4.4% below that of September, the number of light trucks sold daily in October bested the prior-month’s performance by a strong 9.9%, suggesting Mexican consumers may be gradually shifting more attention to that segment of the market.
What’s more, October’s performance pushed the year-to-date tally to a 10-month record of 1,255,102 units, equaling some 93% of the record 1,350,099 LVs sold in entire 2015.
Thus, even if sales decline due to a drop in consumer confidence, as some economic prognosticators expect following the U.S. election, calendar-year deliveries still will rise to a new all-time high.
