Increase in Car Sales and Economic Challenges

Car sales in Mexico rose in March, but a slowdown is expected due to rising prices and tariffs. Optimism in the private equity industry.


Increase in Car Sales and Economic Challenges

The increase in car sales in Mexico during March has been triggered by a particular phenomenon. However, this trend is expected to slow down in the second half of the year due to rising vehicle prices.

In this context, financing incentives have fallen to the lowest level since 2019, limiting opportunities for buyers. Despite this scenario, the private equity industry in the country remains optimistic and has a long-term vision. According to estimates, this industry could channel up to 28 billion dollars annually during the current administration, which would represent a total of 167 billion in investments between 2024 and 2030.

Pablo Coballasi, president of the Mexican Association of Private Equity (Amexcap), highlighted that despite the economic uncertainty generated by U.S. tariffs and market volatility, private equity funds in Mexico continue to bet on strategic sectors with high domestic demand. Coballasi emphasized that the industry's long-term focus allows it to navigate the immediate effects of economic instability and seize opportunities in key areas such as health, education, technology, and infrastructure.

The president of Amexcap mentioned that the organization, which brings together more than 100 funds, will continue to grow above GDP. Since its creation in 2003, Amexcap has invested over 60 billion dollars in more than 2,000 national companies across various sectors.

On the other hand, the real estate investment firm Galium Capital, founded by Jacques Bessoudo, has surpassed one billion dollars in real estate assets in the United States, marking a significant milestone in its trajectory. This achievement positively impacted sales in the early months of the year, but the market is projected to be severely affected in the last quarter.

Regarding the company Newmont Mexico, its country manager Ana López Mestre was recognized by LinkedIn as one of the best companies to work for in 2025. The operation of the Peñasquito mine in Zacatecas was a determining factor for this recognition, highlighting the company as one of the 25 best for professional growth in Mexico in 2025.

As for the automotive market in the United States, the imposition of a 25% tariff by Donald Trump has depleted the inventory of tax-free vehicles, affecting the industry. Analysts estimate that sales could decrease by 1.1 million units annually and fall to 12.9 million vehicles by the end of the year. Automobile manufacturers are trying to absorb the costs of the tariffs, which has led to a reduction in discounts and promotions, thereby increasing effective prices for consumers. This situation has motivated buyers to make quick decisions to avoid additional costs, and dealers are left with an inventory for 61 days, the lowest level in almost two years.