| | |  Business News 
Mexico Domestic Car Sales Fall in 2009
 The News
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January 23, 2010
| | AMDA reports a 26.4% drop in auto-vending. (The News) | |
Mexico City - Mexico is one of the countries with the largest car production and sales in the world. However, in 2009, Mexico registered the largest drop regarding domestic sales in spite of having the potential to sell approximately two million cars per year.
According to a report by the Mexican Association of Car Dealers (AMDA), Mexico's decrease in car sales was 26.4 percent; this percentage is larger than that of other countries, such as the United States, Spain, Argentina, Canada and Italy. On the other hand, Brazil and Germany experienced an increase in domestic car sales.
The drop in domestic sales in the United States was 21.2 percent, in Canada 10.7 percent and in Italy 0.2 percent. Brazil had a 12.7 percent increase and Germany 23.2 percent; both of these nations implemented special programs to boost the automobile sector through vehicle ownership taxes as well as vehicle recycling programs, which turns abandoned or inoperable vehicles into scrap metal.
In regards to the United States, it registered the second largest decrease in domestic sales worldwide. Nevertheless, the country last year sold 10.4 million cars while Mexico sold 754,918 cars. Germany sold 3.8 million cars, Brazil 3 million, Italy 2.1 million, Canada 1.4 million, Spain 952,722 and Argentina 493,591.
Germany and Brazil have experienced increases in car sales since February 2009. The rest of the countries experienced smaller decreases than that of Mexico. Unfortunately, Mexico suffered large decreases throughout the entire year.
The current economic crisis left its mark on the automobile sector in Mexico, which experienced one of its worst crisises in the past decades. Domestic sales in 2009 were similar to those of 1999, meaning that the sales decreased approximately by 30 percent compared to sales in 2008.
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