MEXICO CITY – Mexico’s government unveiled a comprehensive support package Thursday aimed at strengthening the nation’s trucking and heavy vehicle manufacturing sectors.
Economy Minister Marcelo Ebrard detailed the initiative during a press briefing, explaining that the program focuses on helping domestic manufacturers and heavy truck operators while shielding them from foreign competition.
“It has an initial budget of 2 billion pesos ($112.41 million) in tax deductions and 250 million pesos in direct investment,” Ebrard stated.
The initiative will provide financial incentives for purchasing heavy-duty vehicles as part of broader efforts to strengthen Mexico’s commercial transportation sector.
President Claudia Sheinbaum emphasized that the measures are designed to increase commercial vehicle manufacturing within Mexico. She noted that upgrading the nation’s heavy-duty vehicle fleet will lead to reduced emissions and enhanced freight transportation infrastructure nationwide.
