| Title | Director | Cast | Genre | Notes |
| Rojo Amanecer | Jorge Fons | Héctor Bonilla, María Rojo | Crime drama | Won the 1989 Silver Ariel Award |
| Love Lies | Arturo Ripstein | Delia Casanova, Alonso Echánove, Luisa Huertas | Drama | Entered into the 16th Moscow International Film Festival |
| Narcosatánicos asesinos | Alfonso Zayas | Lina Santos, César Bono, Alfonso Zayas, Tun-Tun, Roberto "Flaco" Guzman | Comedy | |
| Santa Sangre | Alejandro Jodorowsky | Blanca Guerra, Thelma Tixou | Horror | Screened at the 1989 Cannes Film Festival, competed for Un Certain Regard |
| Las 7 fugas del Capitan Fantasma | Gilberto de Anda | Sergio Goyri, Jorge Reynoso | | |
| Mi compadre Capulina | Víctor Ugalde | Capulina, Lina Santos, Wolf Ruvinskis | | Last movie of Capulina |
| Lola | María Novaro | Leticia Huijara, Alejandra Cerrillo, Martha Navarro | Drama | Winner of OCIC Award at Berlin International Film Festival |
| Vacaciones de terror | René Cardona III | Pedro Fernández, Julio Alemán, Gabriela Hassel | Thriller | |
| Grave Robbers | Rubén Galindo Jr. | Fernando Almada, Edna Bolkan, Erika Buenfil, Ernesto Laguardia, María Rebeca | Horror | |
| Blood Screams | Glen Gebhard | Russ Tamblyn | | Co-production with the United States |
| El rey de los taxistas | Benito Alazraki | Luis de Alba, Maribel Guardia | | |
| Mujer de fuego | Mario Mitriotti | Sonia Infante, Roberto Guzmán, Carlos Montilla, Lucero Cortés | | Co-production with Colombia, Venezuela and the United States |
| Quisiera Ser Hombre | Abel Salazar | Lucero, Guillermo Capetillo, Carlos Riquelme | | |
| Romero | John Duigan | Raúl Juliá, Richard Jordan, Ana Alicia, Harold Gould | | Co-production with the United States |
| Trampa Infernal | Pedro Galindo III | Pedro Fernández, Edith González, Toño Mauri | | |