EconomyFinancialVolkswagen Group surpasses General Motors in the sale of...

Volkswagen Group surpasses General Motors in the sale of vehicles in Mexico

The Volkswagen Group closed 2021 as the second largest vehicle seller in Mexico, above General Motors, which remained in this position since 2009.

The US manufacturer, which markets four brands in the Mexican market – Chevrolet, GMC, Buick and Cadillac – sold 127,300 units in 2021, 15.3% less than the 150,256 units sold in 2020, according to an Inegi report published this Friday.

The Volkswagen Group, which offers five brands in the Mexican market – Volkswagen, Seat, Audi, Porsche and Bentley – placed 128,813 units, 3.36% more than in 2020, when it sold 124,626 units.

The semiconductor shortage began to disrupt automotive dynamics in late 2020 and the problem has escalated to such a degree that virtually all manufacturers have depleted their vehicle inventories.

The German manufacturer said in late July that it “successfully limited” the impact of the pandemic and semiconductor supply problems during the first six months of the year. Although the supply of chips remained tight during the second half of the year, the German group managed to deliver more units to its sales floors.

“But this sales position will be temporary,” said Francisco Garza, CEO of GM in Mexico. “We are confident that 2022 will be a better year for us, as we have more semiconductors,” he added.

The company is confident that the arrival of new models, several of them manufactured in China, will allow the Chevrolet brand – which is the one that generates the most volume for General Motors in Mexico – to recover its sales rhythm in 2022.

This year, it will add a new line of one-ton pickups, called S10 Max, also from the Asian country. With this new line, made up of three models – chassis, single and double cab – General Motors will seek to compete with the Nissan NP300 range, manufactured in Mexico.

Nissan remained in the first sales position during 2021, after selling 203,918 units, 4.9% more than the previous year, according to the Inegi report.

Autonomous driving, a promise that fades in big cities?

The autonomous vehicle will reduce traffic and road accidents. But its massification in Mexico could take up to two more decades.

China displaces India as the largest supplier of cars for Mexico

The Asian giant surpassed India as Mexico's largest supplier of vehicles thanks to the arrival of new Chinese brands and to GM increasing the sale of Chinese-made models.

The Yaris sedan is renewed! This will be its price, equipment and engine

The Japanese manufacturer decided to add a more equipped version to capture those customers who are looking for more security elements within the subcompact sedan segment.

These are the 10 best-selling car brands in Mexico… And they are no longer...

New names already appear on the list, such as MG, Hyundai and Suzuki; while others, like Ford and Honda, have dropped from the top spots. General Motors is already hot on Nissan's heels.

90 month loans? It is not the only alternative to buy a car with...

The assemblers try to promote the sale of their units through credit, but beyond just lengthening the terms, they are developing new schemes that allow low monthly payments.

More