President Claudia Sheinbaum has confirmed that no automaker plans to leave the Mexican market, addressing rumors about Nissan potentially halting production at its two Mexican assembly plants. She emphasized the logistical and financial hurdles of relocating production facilities, noting the significant investments involved.
Nissan operates three plants in Mexico: two in Aguascalientes and one in Morelos, exporting approximately 320,000 vehicles to the United States annually. Mexican vehicles benefit from reduced tariffs due to American content, despite the U.S. charging a 25% tariff on imported vehicles, which mitigates the impact on automotive exports.
President Sheinbaum also mentioned that no European automakers intend to exit Mexico, even though they face higher tariffs due to different trade deals. Her comments aim to provide reassurance to the automotive sector amid ongoing trade uncertainties.
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