The National Revolutionary Party, founded in 1928 by Mexico's most powerful leader at the time, Plutarco Elías Calles, made its debut in these elections.

According to the official results, the elections were won by Pascual Ortiz Rubio, who received 93.6% of the vote.

[1] Opposition candidate José Vasconcelos claimed that the elections had been fraudulent and unsuccessfully tried to organize an armed revolt to take power.

Ortiz Rubio was not able to serve the remainder of Álvaro Obregón's term as he was supposed to, as he resigned in September 1932 due to differences with Calles.

The opposition candidate José Vasconcelos refused to recognize the official results, claiming that a massive electoral fraud had taken place, and proclaimed his "Plan de Guaymas [es]", urging the Mexican people to rebel against the alleged fraud.