May 23, 2019—The Auto Care Association today released the second edition of its research report on the Mexican aftermarket, titled 2019 Mexico Market Report: An Assessment of Mexico’s Light Passenger Vehicle Aftermarket. The report was developed in partnership with the research firm Integrate Data Facts (IDF), and provides a comprehensive look into the size and scope of Mexico’s auto care sector.
The majority of Mexico’s trade is conducted with the United States, with $830 billion dollars in total goods and services traded between the two countries in 2017. From 2010 to 2018, manufacturing employment in Mexico has more than doubled for car, truck and auto parts, with 86% of those jobs specifically in auto parts production. The new, industry-exclusive report highlights many upward trends seen in today’s $23.8 billion auto care industry in Mexico.
The 2019 report provides a wide range of data on the Mexican aftermarket, including:
- Total Vehicles in Operation (VIO);
- Average age of vehicles;
- Miles driven;
- Detailed manufacturing employment;
- Total value of the aftermarket;
- Trade value and more.
The Mexico Market Report takes a deep dive into these topics and many more, providing crucial information needed to thrive in the dynamic Mexico aftermarket—which is projected to be an industry of over $25 billion in 2021.
The report is available for purchase online in the Auto Care Digital Hub for $2,500 and is offered at a discounted rate of $800 for Auto Care Association members. The report’s digital format provides an enhanced user experience, including access to resources and websites through live embedded hyperlinks, instant downloads of charts, tables and graphs, keyword search and bookmarking capabilities, and more.
