Presently, there are 34 million vehicles in operation in Mexico, of which 34 percent of them are commercial vehicles. The majority of large fleets operating in Mexico are owned or leased by multinational companies.
Mexico has a population of 122 million people living in 32 states. It has a diversified economy ranked 14th in the world with a gross domestic product (GDP) of $1.2 trillion USD.
The growth in the Mexican economy is not only with local businesses operating within the domestic market, but also by significant foreign investments, as a multitude of international companies are building (or will be building) all-new plants in Mexico to export products to the U.S. and other countries in South America, Europe, and Asia.
For a full overview of Mexico's fleet market, go to the report by Automotive Fleet Editor Mike Antich here.
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