Mexico City, Mexico — President Andrés Manuel López Obrador announced that the Regularization Program for foreign vehicles in Mexico will be extended by three months.
The program, which was set to end in March, will be extended until the end of June.
“This program is being extended because it helps us in terms of security, having the registry. There are crimes that are being committed in these vehicles and we cannot identify their real owners because they are not registered.
“They bring the vehicles into Mexico and sell them. They changed ownership then were stolen and misused, ” he explained at his Thursday morning press conference.
This program, which allows the owners of foreign vehicles to regularize them in Mexico, guarantees security and legal certainty to vehicle owners.
López Obrador says there are 14 states participating in the Foreign Vehicle Regularization Program. Baja California, Baja California Sur, Chihuahua, Coahuila, Durango, Jalisco, Michoacán, Nayarit, Nuevo León, Puebla, Sinaloa, Sonora, Tamaulipas and Zacatecas.
Monies collected from the regularization of the vehicles in those states is being collected in a public budget and used to repair roads.
