According to Mordor Intelligence, Latin America passenger car market size in 2026 is estimated at USD 81.59 billion, growing from 2025 value of USD 77.95 billion with 2031 projections showing USD 102.51 billion, growing at 4.67% CAGR over 2026-2031. This report is Segmented by Vehicle Type (Hatchback, Sedan, and More), Vehicle Class (Entry-Level (A/B), Mid-Size (C), and More), Propulsion/Fuel Type (Gasoline, Diesel, and More), Sales Channel (OEM-Owned Stores and Independent Dealers), and Country.
