San Luis Potosí Auto Parts Industry Poised to Close 2026 at $8 Billion

The auto parts industry in San Luis Potosí is maintaining a stable trajectory through 2026, with projections indicating a production value close to $8 billion by year-end, according to Alberto Rosales Reyna, President of the Automotive Cluster. This forecast comes as assembly plants and supplier companies operating in the state are keeping their production plans largely unchanged from their initial annual forecasts.

San Luis Potosí Auto Parts Industry Accumulates $3.721 Billion Through May

The figures from the first five months provide insight into the industry’s significance within the state’s manufacturing economy. San Luis Potosí accounted for $3.721 billion in auto parts production between January and May, ranking behind states such as:

Coahuila
Nuevo León
Chihuahua
Querétaro

Collectively, the top ten producing states represented 87% of the national production reported by the INA (National Auto Parts Industry Association). This data also underscores the ongoing activity of supplier companies, in a year characterized by shifts in international trade and the automotive industry’s technological transition. For the first quarter of 2026, the state had recorded $2.213 billion in auto parts production, marking a 7.22% year-over-year growth and capturing 7.1% of the national value.

Why San Luis Potosí’s Auto Parts Industry Could Close 2026 at $8 Billion

Rosales Reyna explained that the projection for the close of 2026 is based on the current performance of assembly plants and supplier companies in the state. Plants established in San Luis Potosí have not significantly altered their production forecasts, leading the sector to anticipate performance similar to that observed in 2025. This benchmark is notable. During 2025, San Luis Potosí’s auto parts production reached approximately $8.470 billion, equivalent to about 7% of the national value, positioning the state as the sixth-largest producer in the country. Therefore, the expectation for 2026 is not driven by an extraordinary leap, but rather by sustaining the current level of activity achieved by the local automotive supply chain.

Electromobility Opens New Opportunities for Auto Parts

Furthermore, the transition towards electric vehicles presents another avenue of opportunity for companies operating in San Luis Potosí. The President of the Automotive Cluster indicated that electromobility-related projects can create new markets for the component industry, although their impact will depend on the progression of each project. Technological transformation is already a key focus for the sector in the state. Local automotive production also includes operations from General Motors and BMW, with the latter advancing towards the production of electric vehicles and high-voltage batteries. The industry itself has identified the need to enhance capabilities in specialized talent, innovation, automation, and digital transformation to support this shift.

USMCA is a Primary Risk Factor for the Sector

While the immediate outlook does not suggest a significant downturn in activity, Rosales Reyna identified international trade conditions as a factor that could alter projections. Among these is the review of the USMCA (United States-Mexico-Canada Agreement), given the critical importance of the North American market for the automotive and auto parts industry established in Mexico. San Luis Potosí’s position within this supply chain is also reflected in its exports. During the first quarter of 2026, the state recorded $6.2684 billion in exports, with the transportation equipment manufacturing sector accounting for $4.5051 billion, a 4.3% year-over-year increase.

For now, the Automotive Cluster does not foresee an immediate risk of a substantial decline in San Luis Potosí’s auto parts activity. If production maintains its projected course, the sector could once again close 2026 around the $8 billion mark, while electromobility opens new avenues for the supply chain and the USMCA review remains a primary area of focus for businesses.