Covering the Industry's Economic, Legal & Financial Issues
MexicanAutomotive covers the Mexican automotive and auto parts industries, and is published monthly in English and Spanish. MexicanAutomotive reports on general Mexican automotive industry topics, as well as economic, financial and legal issues affecting the North American automotive industry. Published by Cacheaux, Cavazos & Newton (CCN), subscriptions to MexicanAutomotive are free. CCN is an international law firm with offices in Texas and Mexico. The firm provides legal services in many practice areas including Automotive law to clients doing business in the NAFTA region.
|Mexican Motorcycle Market Growing|
MexicanAutomotive has occasionally published information on the Mexican market for motorcycles.Data from the Mexican Automotive Industry Association (AMIA) confirms our previous reports on the continued strength of this market. Motorcycles are experiencing market demand in Mexico due to various reasons such as heavy traffic in large cities, versatility of motorcycles for semi-urban and rural zones, low cost, and their sporting potential in a country with a long tradition of motorcycle riding. It should be noted that famous revolutionary leader Pancho Villa rode the legendary Indian motorcycles that were manufactured in the United States at the beginning of the last century and used them strategically as part of his military campaigns. The growth of the market in 2011 has persisted through 2012. In February, 40,824 units were sold totaling 80,943 units sold so far this year. Companies associated with AMIA placed 9,781 units on the market. The sale of brands associated with AMIA reached 20,082 units sold. The data on motorcycles sold show a growth of 37.66% compared to the same period last year.The importation of finished motorcycles experienced growth of 113.5%.