There will no longer be new cars priced lower than 200,000 pesos in Mexico

Buying a new car is the goal of millions of Mexicans. However, the outlook is not encouraging and it will be more and more expensive to buy the latest model. Currently, in Mexico, there are no new cars in the market with a value of less than $215,000 pesos, roughly $11,000 USD, and the trend is that prices will continue to increase.

Due to inflation and the scarcity of raw materials, the automotive industry has seen the need to increase its prices. However, not all of it is bad news for the consumer, since the . . .

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