EGT Consulting has examined Mexico as a potential location to expand the motor vehicle market. Firstly, the GDP of Mexico is expected to rise 3.5% within the next year. With this increase in growth, GDP per capita will rise as well. An increase in GDP per capita will in turn allow citizens to afford more. However, the GDP per capita currently is only $15,300. An amount of at least $30,000 is recommended for a four-door sedan, and therefore, motor scooters may be the best fit for Mexico.
On the other hand, in larger cities in which infrastructure is more developed, taxis and buses are more common. Cars are common seen on these roadways as well. Mexico City in particular, is a well developed city and contains most of the wealth in Mexico. With many ports nearby, it would be easy to transport four-door sedans to Mexico City and other developed cities in which infrastructure is well developed.
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