Ford
and Mercedes Benz are jointly negotiating with the Mexican government for a cut
in taxes paid by new vehicle buyers.

Ford Mexico chief executive officer Kathleen Ligocki said that Mexican vehicle
makers want help to compete against imports from the United States and Canada
when car import tariffs within the North American Free Trade Agreement (NAFTA)
areas are abolished in 2003, Mexico City daily Reforma reported.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Ligocki predicted that new car prices would be virtually equal in all three
NAFTA nations within two years. However, she added, Mexican car makers would
be at a disadvantage because of a new-vehicle tax (ISAN) currently levied on
their products.

The Mexican Automotive Industry Association (AMIA) and the Mexican Auto Distributors
Association (AMDA) are also taking part in the talks, according to Reforma.

To view related research reports, please follow the links
below:-

Global
Automotive Legislation

The
automotive industry in Latin America: Mexico, Brazil and Argentina Forecasts
to 2005

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact