Volkswagen has expressed significant concerns regarding proposed tariffs by the US administration on imports from Mexico, which they predict might negatively impact both American consumers and the global automotive industry. The initiative, indicated by President Trump, threatens to impose tariffs of up to 25% on vehicles from Mexico and Canada. Given Volkswagen’s substantial investments in the US market and dependence on Mexican production, analysts anticipate that these tariffs could render the brand uncompetitive, potentially leading to a withdrawal from the American market. Stellantis has echoed concerns and supports increased US manufacturing.
Volkswagen has expressed concerns over the proposed US tariffs on Mexican imports, stating they could adversely affect American consumers and the global automotive sector.
The company's Puebla plant is critical to Volkswagen's US operations, producing nearly 350,000 vehicles primarily for export to the American market.
Experts warn that tariffs could jeopardize around 65 percent of Volkswagen's US sales derived from Mexico, potentially threatening its competitiveness in the market.
Stellantis, which shares similar concerns regarding tariffs, is advocating for increased manufacturing within the US, indicating a significant industry shift.
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