▶ Mexico’s Share of the U.S. Light Vehicle Import Market Reaches Record High of 24.9%… Tariff Advantage Identified as Key Driver

• - According to data from the U.S. Department of Commerce, Mexico’s average tariff on automobile exports to the United States stood at 11.3% 

•   from January to November 2025,  3 percentage points lower than the global average of 14.1%, securing a tariff competitiveness advantage.

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• - During the same period, Mexico’s automobile exports to the U.S. declined 9% year-on-year to USD 41.225 billion. 

•   However, as total U.S. automobile imports from the world fell sharply by 16.4%, Mexico’s market share increased from 22.9% to a record-high 24.9%.

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• - Economy Minister Marcelo Ebrard stated that Mexico has been continuously requesting the United States to reduce the 25% tariff imposed 

•    on Mexican vehicles that do not meet USMCA rules of origin to 15%, in line with the rate applied to the EU, Korea, and Japan.

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• - Along with steel and aluminum tariffs, automobile tariffs remain a key agenda item in Mexico–U.S. trade negotiations.