The Complete History of the Mexican Automotive Industry

The automotive industry in Mexico has a long and rich history. It began over twelve decades ago and has seen many major milestones along the way. In this blog post, we will take a look at the complete history of the Mexican automotive industry. We will explore how it all began, the major milestones achieved thus far, and what the future holds for this growing sector. So, if you're interested in learning more about Mexican automobiles and considering buying Mexican auto insurance, keep reading!

When did Mexico start using cars?

The first cars were introduced to Mexico City in 1903, with about 100 vehicles at the beginning. This number grew to 800 cars in just three years. The first owners were mostly wealthy people, as cars were a luxury item at the time. It wasn't until 1910 that car ownership became more widespread in Mexico. 

It was also the time when the first highway code In Mexico was instated. These early regulations set the speed limit to 10 km/h in the city and 40 km/h on all other roads. The early developments in the 1920s also saw the building of the first highways and motorways, disrupted by armed insurgence and unrest. Today, it’s Federal Highway 95, connecting Mexico City and Acapulco. 

What are some of the major milestones in the history of the Mexican automotive industry?

Some of the major milestones in the history of the Mexican automotive industry include the following:

• The first manufacturing plants were started between 1921 and 1925. This period was disrupted by the violence of the Mexican Revolution, with many early enterprises being completely destroyed.
• The first foreign company (Buick) entered the market in 1921. It produced cars until 1925 when it withdrew due to the instability of the country at the time.
• The longest-standing company (Ford Motor Company) opened its manufacturing plant in Mexico in 1925. Some of the most notable models it produced include the Ford Falcon and the Ford Maverick.
• The first automobile fully made of domestic parts was Rural Ramirez in 1961 by Grupo Industrial Ramirez. This truck was mainly used for agricultural purposes, but the company since has expanded to passenger vehicles. The company itself opened in 1946 and was the first domestic automobile company in its own right. Their brands include Ramirez and Sultana trucks and vans.

What is the most common automobile in Mexico? 

The most popular car on Mexican roads is the Toyota Corolla. It has been the best-selling car in Mexico for many years. Other popular cars include the Honda Civic, Chevrolet Aveo, and Ford Fiesta. Most Mexicans can afford a used car, as new cars are quite expensive. The average age of cars in Mexico is about eight years old.

What does the future hold for Mexico's automotive industry?

The future of the Mexican automotive industry looks bright. The country has a growing economy and a rapidly expanding middle class. This means that more and more Mexicans will be able to afford cars in the coming years. Additionally, the Mexican government is investing heavily in the sector, with the goal of making the country a leading producer of automobiles. 

Already, Mexico is the sixth-largest producer of cars in the world. To illustrate this, KIA got its start in 2016 at its Mexican plant, where a new vehicle is produced every 53 seconds. Hyundai produces the Forte, Rio, and Accent models in the plant, available as sedans and hatchbacks. With continued growth, it is likely that Mexico will become an even more important player in the global automotive industry.

Who do I ask when I need to buy Mexican auto insurance urgently? 

Whether you’re traveling to Mexico in a vehicle made in that country, you’re seeing a local automobile fair or planning to explore the natural and historical wonders south of Rio Grande on two wheels, you need appropriate insurance coverage. Here at Oscar Padilla Mexican Insurance, we have over 70 years of experience guiding the US and Canadian motorists and providing necessary coverage for any type of accident.

We can give you the key information when it comes to customs regulations, emergency repairs, and connect you with local insurance companies that will cover urgent medical care and other services. You can easily purchase and download your policy online or by visiting one of our offices. We wish you a safe trip to Mexico and we’re looking forward to hearing from you soon!