{"id":48297,"date":"2025-05-09T05:25:17","date_gmt":"2025-05-09T10:25:17","guid":{"rendered":"https:\/\/latamobility.com\/?p=48297"},"modified":"2025-05-08T17:55:43","modified_gmt":"2025-05-08T22:55:43","slug":"100-tax-deduction-on-new-cars-boosting-production-and-sustainable-mobility-in-mexico","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/100-tax-deduction-on-new-cars-boosting-production-and-sustainable-mobility-in-mexico\/","title":{"rendered":"100% Tax Deduction on New Cars: Boosting Production and Sustainable Mobility in Mexico"},"content":{"rendered":"\n<p>The <strong>100% tax deduction on new cars<\/strong> proposed by CONCANACO SERVYTUR is a strategic move to boost domestic demand, update Mexico&#8217;s vehicle fleet, and drive sustainable mobility.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-100-tax-deduction-on-new-cars-to-support-the-automotive-industry\">100% tax deduction on new cars to support the automotive industry<\/h3>\n\n\n\n<p>The automotive sector accounts for 4% of Mexico\u2019s GDP and 20.5% of the manufacturing GDP. In 2024, nearly 4 million vehicles were produced, but only 34% of those sold domestically were locally made.<\/p>\n\n\n\n<p>The proposal aims to reverse this imbalance by removing fiscal barriers and stimulating the purchase of Mexican-made vehicles.<\/p>\n\n\n\n<p>This policy is expected to <strong>strengthen domestic production, create jobs, and increase fiscal revenues<\/strong> through income and sales taxes.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"683\" height=\"1024\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/05\/20250508_0940_Fabrica-de-Autos-Electricos_simple_compose_01jtrc69h6ehta3haqmhprwv7v-683x1024.png\" alt=\"Deducci\u00f3n fiscal del 100% en autos nuevos\" class=\"wp-image-48291\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/05\/20250508_0940_Fabrica-de-Autos-Electricos_simple_compose_01jtrc69h6ehta3haqmhprwv7v-683x1024.png 683w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/05\/20250508_0940_Fabrica-de-Autos-Electricos_simple_compose_01jtrc69h6ehta3haqmhprwv7v-200x300.png 200w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/05\/20250508_0940_Fabrica-de-Autos-Electricos_simple_compose_01jtrc69h6ehta3haqmhprwv7v-768x1152.png 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/05\/20250508_0940_Fabrica-de-Autos-Electricos_simple_compose_01jtrc69h6ehta3haqmhprwv7v.png 850w\" sizes=\"(max-width: 683px) 100vw, 683px\" \/><figcaption class=\"wp-element-caption\">Image generated with AI. <\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-fleet-renewal-through-100-tax-deduction-on-new-cars\">Fleet renewal through 100% tax deduction on new cars<\/h3>\n\n\n\n<p>Today, <strong>48% of the national vehicle fleet is over 16 years old<\/strong>, contributing to pollution and inefficiency.<\/p>\n\n\n\n<p><strong>With this initiative<\/strong>, the proposal seeks to <strong>accelerate the shift toward more efficient and lower-emission vehicles<\/strong>.<\/p>\n\n\n\n<p><strong>\u201cRenewing the fleet is essential for cutting emissions and enhancing national competitiveness,\u201d<\/strong> said Octavio de la Torre.<\/p>\n\n\n\n<p>Read more: <a href=\"https:\/\/latamobility.com\/en\/electric-mobility-in-mexico-withstands-global-tariff-pressures\/\">Electric Mobility in Mexico Withstands Global Tariff Pressures<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-a-comprehensive-path-toward-sustainable-development\">A comprehensive path toward sustainable development<\/h3>\n\n\n\n<p>The initiative was formally presented to the Ministry of Finance and President Claudia Sheinbaum as part of the <em>National Crusade for Competitiveness<\/em>.<\/p>\n\n\n\n<p>This idea supports both national industry and environmental goals, aligning with Mexico\u2019s decarbonization commitments.<\/p>\n\n\n\n<p><strong>This measure shows that economic growth and sustainability can move forward together<\/strong>, ensuring a cleaner and more competitive future for the country.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-mexico-destination-of-the-latam-mobility-summit\"><strong>Mexico: Destination of the Latam Mobility Summit<\/strong><\/h3>\n\n\n\n<p>Electric mobility and other key topics will be discussed at the&nbsp;<strong>Latam Mobility Summit CDMX 2025<\/strong>, a premier platform for discussion, debate, and networking.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"659\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/03\/Banner-2-1024x659.jpg\" alt=\"LMCDMX\" class=\"wp-image-46839\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/03\/Banner-2-1024x659.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/03\/Banner-2-300x193.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/03\/Banner-2-768x494.jpg 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/03\/Banner-2.jpg 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>This event is ideal for professionals looking to establish and expand business opportunities in the sustainable mobility sector across Mexico and Central America.<\/p>\n\n\n\n<p>Don\u2019t miss this opportunity to explore what\u2019s next in mobility and be part of the future. For more information on participation and branding opportunities, contact:&nbsp;<strong><a>info@investinlatam.org<\/a><\/strong>.<\/p>\n\n\n\n<p>Contact us via&nbsp;<a href=\"https:\/\/lnkd.in\/eQzTYdNG\"><strong>WhatsApp<\/strong><\/a>&nbsp;or take advantage of the pre-sale of tickets for Mexico City,&nbsp;<a href=\"https:\/\/live.eventtia.com\/es\/latammobilitymexico2025\"><strong>here<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 100% tax deduction on new cars proposed by CONCANACO SERVYTUR is a strategic move to boost domestic demand, update Mexico&#8217;s vehicle fleet, and drive sustainable mobility. 100% tax deduction on new cars to support the automotive industry The automotive sector accounts for 4% of Mexico\u2019s GDP and 20.5% of the manufacturing GDP. In 2024,&#8230;<\/p>\n","protected":false},"author":10,"featured_media":48294,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[2055],"tags":[1281,2938,2751,1357,2079,1622,1487,1484,1489],"class_list":["post-48297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-smart-mobility","tag-electric-mobility","tag-electric-mobility-in-mexico","tag-electromovilidad-2","tag-latam-mobility-2","tag-mexico-2","tag-movilidad-electrica-3","tag-sostenibilidad-2","tag-sostenibilidad","tag-sustainability"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v27.1.1) - 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