The Kia Rio is the best-selling vehicle in Mexico in 2022.
New light vehicle sales in Mexico lift 7% year-on-year in 2022 to 1,086,060 units for a second consecutive year of 7-digit volumes. We are however still way below pre-pandemic levels as 2019 totalled 1,317,937 sales and was the weakest result since 2014. Nissan (-17.2%) keeps the overall lead for the 22nd straight year but drops 4.5 percentage points of share from 20.1% to 15.6%. Most notably the Japanese was challenged for the pole position for the first time in two decades. Chevrolet (+30.5%) climbs from 11.7% share in 2021 to 14.3% share now and was #1 for four months from July to October. Even though Nissan reclaimed the lead for the last two months of the year, the fight for #1 will be tight in 2023. Toyota (+5.8%) and Kia (+8.7%) leapfrog past Volkswagen (-12.7%) to #3 and #4 respectively, with Kia breaking its monthly share record in January at 9.4%. Mazda (+2.9%) can’t quite keep up with the market but stays in 6th place above a surging MG (+194.1%) up 8 spots to #7. Suzuki (+22.2%) and Hyundai (+11.1%) also beat the market in the remainder of the Top 10.
Over in the models aisle, the Kia Rio (+44.6%) soars into first place vs. #4 a year ago, making it the very first Korean model to top the annual Mexican charts. The Rio topples the leader of the past 6 years, the Nissan Versa (-31.1%) in complete freefall from 6.9% to 4.4% share. The Nissan Pickup (-15.6%) and Chevrolet Aveo (-16.7%) also implode below, as does the Nissan March (-17.1%) at #5. Four of the remaining 5 models in the Top 10 vastly outpace the market with double-digit gains at least: the MG 5 (+217.5%) is the most dynamic and gains 38 spots to land in 7th place. The Chevrolet Onix (+112.6%) helps the brand to new heights and is up 11 ranks to #6. The Chevrolet Captiva (+78.2%) aka Baojun 530 is also up 11 spots to #10 and the Toyota Hilux is up 25.3%. The Chevrolet S10 (#36) and MG GT (#45) are the best-selling 2022 launches.
Full Year 2022 Top 44 all brands and Top 370 all models vs. Full Year 2021 figures below.
Full December 2022 Top 43 all brands and Top 298 all models below.