Mexico has introduced a plan aimed at speeding up the renewal of its heavy-duty transport fleet, focusing on modernization, road safety, and lower emissions.
The initiative combines tax incentives and financing mechanisms, particularly targeting small carriers and independent operators. A key measure allows companies to fully deduct the cost of new heavy vehicles within a single fiscal year, instead of spreading it over several years.
The program includes an initial fund of 2 billion pesos to encourage the purchase of domestically produced or assembled units, along with credit guarantees supported by Nacional Financiera to ease access to financing.
Official figures indicate that Mexico’s heavy transport fleet averages nearly 19 years in age, posing challenges in efficiency, operating costs, and safety.
Overall, the plan seeks to accelerate fleet replacement, expand access to newer technologies, support domestic manufacturing, and contribute to emissions reduction in the sector.
Source: XEU Noticias
