The uncertainty for the imposition of tariffs by the US administration headed by Donald Trump has impacted automotive exports according to the National Institute of Geography and Statistics (INEGI), so that automotive companies evaluate strategies that allow them to mitigate the possible effects .
In this tenor, some companies with greater risk are general Motors, Honda, Nissan, BMW and International Motors. However, automotive already began analyzing measures such as supplier diversification, price adjustment and operating cost optimization.
GM advances well in Mexico
It was on January 28 when the American automotive General Motors claimed to be prepared to minimize the eventual application of tariffs on trucks from Mexico and Canada, which would imply making adjustments between production and international demand, without impacting their expansion plans that It promotes in North America.
Mary Barra, President and CEO of General Motors (GM), advanced at that time that they had already studied multiple scenarios, but “from the perspective of Mexico, we manufactured trucks (pick up) in Mexico, Canada and the United States. Therefore, we have the capacity in the United States to send part of that. We also sell trucks worldwide, so we can see where international markets come from. ”
Subsequently, Francisco Garza, president and general director of General Motors (GM) Mexico said that investments in the automotive industry are carried out with a time spectrum of 5 or 7 years, then what happens in a specific year, does not translate into Do not make an investment, but this comes with investment return analysis.
Nissan reiterates commitment to industry from Mexico
After on Tuesday, February 11, Donald Trump reiterated his threat of again imposing tariffs on cars manufactured in Mexico, Nissan Mexicana clarified that he does not have any information from the global corporate about the “supposed” transfer of manufacturing from Mexico to the United States, for the possible application of 25% of tariffs announced by President Donald Trump.
“Nissan Mexicana reiterates our commitment to the growth and development of the industry in Mexico, as we have done for more than 60 years with more than 16 million vehicles produced. We have no information to move our manufacturing operations to another country, ”explained the automaker in Mexico.
