Tuesday, February 24, 2026

Luxury SUVs turn up among presidential assets, gifts from King of Jordan

Two luxury SUVs gifted to the Mexican government by the King of Jordan will either be sold at auction or given to the National Guard, President López Obrador said today.

“Whether two vehicles – of the most extravagant kind you can imagine – will be sold or given to the National Guard is under review,” the president told reporters at his morning press conference.

“[They are] two vehicles that the King of Jordan gave to the president’s office and which we didn’t know existed but now they’ve appeared,” López Obrador said.

Although it is unclear whether they will go under the hammer, the president said the two SUVs will be put on display at the government’s second luxury vehicle auction, which will be held at the former presidential residence, Los Pinos, on May 26.

While government vehicles were auctioned in February, this time luxury cars seized from organized crime will be put up for sale.

Around 30 million pesos (US $1.5 million) in revenue that the auction is expected to generate will fund a national anti-addiction strategy, López Obrador said.

The president explained that his newly created “Robin Hood” agency ­– the Institute for Returning to the People What Was Stolen – will organize the auction.

The same agency, he added, will be responsible for selling properties seized from corrupt politicians.

Future money raised by selling off seized assets will be given to the poorest municipalities in the country, where residents will decide how to spend it, López Obrador said.

“The public should decide if it’s invested in roads, on improving schools or on the many other needs that the forgotten people of Mexico have.”

Source: El Financiero (sp), Multimedios (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
Black and white photos of Mexican tequileros caught on the border in Texas in the 1920s. The three tequileros are posed with two border authorities with the confiscated sacks of alcohol in front of them.

A look back at the days when tequila was the drug smuggled across the Mexico-US border

0
Prohibition launched the era of the tequileros, Mexican men from border towns who saw an opportunity to make a quick buck smuggling contraband alcohol into the U.S.
el Mencho

Here’s what to know about ‘El Mencho’ and the cartel he created

2
El Mencho forged his power by combining accelerated national expansion, large-scale diversification of criminal businesses (drugs, human traffic, extorsion, etc.) and brazen acts of violence toward the authorities.
INEGI, Mexico's official statistics agency, revisits its monthly and quarterly economic data to solidify the findings, and for the fourth quarter of 2025, the adjustment indicated that Mexico's 2025 GDP was a tick better than originally thought.

Revised figures boost Mexico’s 2025 GDP growth to 0.8%

0
The national statistics agency INEGI reported that Mexico’s gross domestic product (GDP) advanced 0.9% in Q4 2025 due to a favorable revision of primary activities, bringing final 2025 growth up from 0.7% to 0.8%.
BETA Version - Powered by Perplexity