Automakers Face Uncertain Tariffs
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tariffsCarBuzz
•Technology
Technology
Here's a list of automakers whose products may be affected by the possible tariffs on goods produced in Mexico and Canada
70% Informative
President Trump floated the idea of a 100 percent tariff on Canadian imports yesterday .
Many automakers agree that it will be the public that will once again have to pick up the pieces, bearing the brunt of the inevitable price increases.
Many manufacturers, importers, and users of raw materials are going to have their bottom line hit.
And that's going to be transferred to you and me.
All of Ford ’s transmissions and about half of its engines are put together in the US .
GM imported around 750,000 vehicles from Canada or Mexico last year , most of them manufactured in Mexico .
GM 's Mexican plants also build two of its critical new electric vehicles, battery-powered versions of its Equinox and Blazer SUVs.
Nissan has two plants in Mexico where it makes the Sentra , Versa , and Kicks models for the US market.
Mazda exported close to 120,000 vehicles from Mexico to the United States in 2023 .
Stellantis CFO Doug Ostermann has gone on record saying that the company could shift production to plants in the U.S ..
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