Armored Car Sales in Mexico

in Business Risk, Transnational Crime

There were 3,102 armored vehicles sold in Mexico in 2012, according to the Mexican Automotive Armour Association. 70 percent of the purchases of armored vehicles were made by the private sector, and 30 percent of vehicles were purchased by government security agencies.

The number of protected vehicles sold was up 10 percent from the amount sold in 2011.

The most popular types of vehicles that had security features attached to it were the Chevy Tahoe and Suburban and the Jeep Cherokee.

The increases in armored vehicles is attributed to the increase in violence from the drug trafficking cartels as well as the rise in kidnapping for ransom.

Source:  Freya Peterson, “Sales of armored cars soar 10% in Mexico as drug war escalates,” GlobalPost, January 2, 2013.

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