Mexicans spend over 15,000 pesos annually on vehicle maintenance, INA reports

Mexican households allocate a significant portion of their budget to keeping their vehicles running, spending an average of 15,507 pesos (approximately $900 USD) per year on maintenance. This expenditure covers fuel, replacement parts, accessories, and repair services for their cars.

The country's aging vehicle fleet, with 54.1 million cars averaging 16.2 years old, fuels a historic demand for auto parts and maintenance services, according to the National Auto Parts Industry (INA). The Estado de México leads with 10.4 million vehicles, followed by Mexico City with 6.5 million, Jalisco with 4.9 million, Veracruz with 2.5 million, and Nuevo León with 2.4 million. These regions concentrate the highest demand for vehicle upkeep and repairs, though the growth of the vehicle fleet is a nationwide phenomenon.

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In North America, 367 million vehicles circulate, and it is estimated that the maintenance and repair market will continue to grow in the decade, regardless of sales behavior.

Gabriel Padilla, INA's general director, highlighted that the Mexican auto parts market is not only significant domestically but also crucial for North America. Manufacturers export parts to the United States and Canada, where a total of 367 million vehicles are in circulation. Padilla anticipates continued growth in the maintenance and repair market over the next decade, regardless of new vehicle sales trends.

Mexico has solidified its position as a primary center for auto parts manufacturing and distribution within the region. The INA and the International Aftermarket Summit serve as vital connectors for manufacturers, distributors, and buyers across North America. The upcoming summit will feature over 700 exhibitors showcasing innovations in electromobility and business opportunities within the aftermarket sector for Latin America and North America.

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Mexico has consolidated itself as the main manufacturing and distribution center for autoparts for the region; INA and the Aftermarket Summit function as a bridge connecting manufacturers, distributors, and buyers from all of North America.