Mexico’s Near-Miss Auto Year Shows How Trade Politics Can Outweigh Factory Power

Key Points Mexico built 3,953,494 light vehicles in 2025, missing 4 million by 46,506 and dipping 0.9% versus 2024. Exports slipped 2.7% to 3,385,785 vehicles; in December, exports fell 14.55% even as production rose 8.45%. The U.S. took 78.4% of shipments, leaving Mexico’s flagship industry unusually exposed to decisions made abroad. Mexico did not suffer […]