EThe Government of Mexico published in the Official Gazette of the Federation (DOF) a decree that expands the regularization program for so-called “chocolate cars”, that is, those semi-new ones that come from abroad.
The order, signed by the president Claudia Sheinbaum and supported by the Secretary of the Treasury, Edgar Amador Zamoraand the head of the Ministry of Economy, Marcelo Ebrard, establishes that the term will be extended until November 30, 2026.
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Besides, The current regulations that regulate the definitive importation of used cars will be maintained, with the aim of providing legal certainty to both importers and owners.
Among the most important provisions are that Only foreign vehicles manufactured in Mexico, the United States or Canada may be regularized under the T-MEC. Likewise, cars with reported theft, traffic restrictions or that do not comply with the safety and environmental standards in force in Mexico cannot be regularized.
However, this modification is not new, since since the start of the program in 2022, the deadline has been extended on several occasions.
According to the official statement, the measure seeks to prevent automotive smuggling and order the market, in addition to complying with the provisions of the Treaty between Mexico, the United States and Canada (T-MEC)which requires respecting the rules of origin so that used vehicles from these countries enjoy preferential tariff treatment.
Likewise, it is intended that Mexican families can access a means of transportation in adequate conditions, under legal guidelines, in order to guarantee their safety and legal protection.
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At the same time, The Sheinbaum Government implemented new policies to stop the entry of polluting vehiclessuch as trucks, buses and diesel cars that are more than 10 years old or that do not meet international emissions standards.
For its part, the Mexican Association of Automotive Distributors (AMDA) rejected the measure, considering that it limits the sale of pre-owned cars in the country, which slows down vehicle renewal and reduces the sale of new units, a situation that directly affects the market.
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XP