Donald Trump’s decision to introduce 25% of the import tariff from Mexico and Canada entailed the shock consequences in the American automobile industry.
automakers, including Nissan, Kia, General Motors and Ford, are trying to reconsider their strategies Production and sales, reports Nikkei.
tariffs that will enter into force on February 1, can significantly violate the supply chains and increase expenses. Nissan is most vulnerable, 35% of the sales in the United States falls on Mexico. Other Asian manufacturers, in particular Mazda (27%), Honda (15%), Hyundai (10%) and Toyota (10%), also rely on Mexican production, although to a lesser extent.
Kia It may be necessary to look for alternative sales markets for the planned 120 thousand sedans K4.
American GM and Ford auto manufacturers also face serious problems, since 26% and 17% of their sales in the United States are in Mexican factories, respectively. GM is prepared for several tariff scenarios, but remains careful about the implementation of large investments without clarity.
In addition to ready -made cars, tariffs can violate the supply chains, which will lead to an increase in costs for manufacturers and consumers.
Mexico has become a key production center thanks to such trade agreements as NAFTA and USMCA. The uncertainty around Trump's policy leaves the automakers several options for actions, except to wait and prepare for potential cost growth.
