According to a report on the website of Mexico's “The Economist” on July 7, the market share of automobiles imported from China continues to expand in Mexico and is expanding at full horsepower. With a rich product matrix, diverse model choices, leading technological innovation, and lower prices, Chinese automobiles have entered the market strongly. The increase in car prices in Mexico is lower than the level of inflation. To a certain extent, this market phenomenon is being driven by Chinese car companies. Consumers are seizing this car purchase window, and the spread of auto credit and financial services has further amplified this benefit. Up to now, loans have reached 74% to 77% of new car sales in Mexico.

According to a report on the website of Mexico's “The Economist” on July 7, the market share of automobiles imported from China continues to expand in Mexico and is expanding at full horsepower. With a rich product matrix, diverse model choices, leading technological innovation, and lower prices, Chinese automobiles have entered the market strongly. The increase in car prices in Mexico is lower than the level of inflation. To a certain extent, this market phenomenon is being driven by Chinese car companies. Consumers are seizing this car purchase window, and the spread of auto credit and financial services has further amplified this benefit. Up to now, loans have reached 74% to 77% of new car sales in Mexico.