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Mexico Launches 2 Billion Peso Initiative for Transport Industry

3/26/2026

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Story summary
  • On March 26, 2026, the Mexican government announced an initiative to support the motor transport industry.
  • Economy Minister Marcelo Ebrard introduced a program offering tax incentives for local manufacturers and protections against imports.
  • The program allocates 2 billion pesos for tax deductions and 250 million pesos for direct investment.
  • President Claudia Sheinbaum stated that measures will boost commercial vehicle production, modernize heavy-duty vehicles, and reduce pollution, improving freight transport.