{"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

The 100% tax deduction on new cars<\/strong> proposed by CONCANACO SERVYTUR is a strategic move to boost domestic demand, update Mexico’s vehicle fleet, and drive sustainable mobility.<\/p>\n\n\n\n

100% tax deduction on new cars to support the automotive industry<\/h3>\n\n\n\n

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

The proposal aims to reverse this imbalance by removing fiscal barriers and stimulating the purchase of Mexican-made vehicles.<\/p>\n\n\n\n

This policy is expected to strengthen domestic production, create jobs, and increase fiscal revenues<\/strong> through income and sales taxes.<\/p>\n\n\n\n

\"Deducci\u00f3n
Image generated with AI. <\/figcaption><\/figure>\n\n\n\n

Fleet renewal through 100% tax deduction on new cars<\/h3>\n\n\n\n

Today, 48% of the national vehicle fleet is over 16 years old<\/strong>, contributing to pollution and inefficiency.<\/p>\n\n\n\n

With this initiative<\/strong>, the proposal seeks to accelerate the shift toward more efficient and lower-emission vehicles<\/strong>.<\/p>\n\n\n\n

\u201cRenewing the fleet is essential for cutting emissions and enhancing national competitiveness,\u201d<\/strong> said Octavio de la Torre.<\/p>\n\n\n\n

Read more: Electric Mobility in Mexico Withstands Global Tariff Pressures<\/a>.<\/p>\n\n\n\n

A comprehensive path toward sustainable development<\/h3>\n\n\n\n

The initiative was formally presented to the Ministry of Finance and President Claudia Sheinbaum as part of the National Crusade for Competitiveness<\/em>.<\/p>\n\n\n\n

This idea supports both national industry and environmental goals, aligning with Mexico\u2019s decarbonization commitments.<\/p>\n\n\n\n

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

Mexico: Destination of the Latam Mobility Summit<\/strong><\/h3>\n\n\n\n

Electric mobility and other key topics will be discussed at the Latam Mobility Summit CDMX 2025<\/strong>, a premier platform for discussion, debate, and networking.<\/p>\n\n\n\n

\"LMCDMX\"<\/figure>\n\n\n\n

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

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: info@investinlatam.org<\/a><\/strong>.<\/p>\n\n\n\n

Contact us via WhatsApp<\/strong><\/a> or take advantage of the pre-sale of tickets for Mexico City, here<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 100% tax deduction on new cars proposed by CONCANACO SERVYTUR is a strategic move to boost domestic demand, update Mexico’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,…<\/p>\n","protected":false},"author":20,"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,"footnotes":""},"categories":[2055],"tags":[1281,2938,2751,1357,2079,1622,1484,1487,1489],"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","tag-sostenibilidad-2","tag-sustainability"],"yoast_head":"\n100% Tax Deduction on New Cars: Boosting Production and Sustainable Mobility in Mexico - Latam Mobility<\/title>\n<meta name=\"description\" content=\"The 100% tax deduction on new cars proposed by CONCANACO SERVYTUR is a strategic move to boost domestic demand, update Mexico's vehicle fleet, and drive\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latamobility.com\/deduccion-fiscal-autos-nuevos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"100% Tax Deduction on New Cars: Boosting Production and Sustainable Mobility in Mexico\" \/>\n<meta property=\"og:description\" content=\"The 100% tax deduction on new cars proposed by CONCANACO SERVYTUR is a strategic move to boost domestic demand, update Mexico's vehicle fleet, and drive\" \/>\n<meta property=\"og:url\" content=\"https:\/\/latamobility.com\/deduccion-fiscal-autos-nuevos\/\" \/>\n<meta property=\"og:site_name\" content=\"Latam Mobility\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/latamobility\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-09T10:25:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/05\/603.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mateo Yepes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LataMobility\" \/>\n<meta name=\"twitter:site\" content=\"@LataMobility\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mateo Yepes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/latamobility.com\/deduccion-fiscal-autos-nuevos\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/latamobility.com\/deduccion-fiscal-autos-nuevos\/\"},\"author\":{\"name\":\"Mateo Yepes\",\"@id\":\"https:\/\/latamobility.com\/#\/schema\/person\/3ccc38a5a88e2de7f409ff4dab3ae5c7\"},\"headline\":\"100% Tax Deduction on New Cars: Boosting Production and Sustainable Mobility in Mexico\",\"datePublished\":\"2025-05-09T10:25:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/latamobility.com\/deduccion-fiscal-autos-nuevos\/\"},\"wordCount\":353,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/latamobility.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/latamobility.com\/deduccion-fiscal-autos-nuevos\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/05\/603.jpg\",\"keywords\":[\"ELECTRIC MOBILITY\",\"electric mobility in mexico\",\"electromovilidad\",\"Latam Mobility\",\"Mexico\",\"Movilidad el\u00e9ctrica\",\"Sostenibilidad\",\"Sostenibilidad\",\"Sustainability\"],\"articleSection\":[\"Smart Mobility\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/latamobility.com\/deduccion-fiscal-autos-nuevos\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/latamobility.com\/deduccion-fiscal-autos-nuevos\/\",\"url\":\"https:\/\/latamobility.com\/deduccion-fiscal-autos-nuevos\/\",\"name\":\"100% Tax Deduction on New Cars: Boosting Production and Sustainable Mobility in Mexico - 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