Hyundai Motor Company confirmed that it will move production of the Tucson SUV from Mexico to the United States due to the new 25% tariffs imposed by the US government on imported vehicles and auto parts.
These taxes are part of a protectionist trade policy promoted by President Donald Trump, aimed at promoting domestic manufacturing.
What impact will this have on Nuevo León?
The change will directly affect the Kia plant in the municipality of Pesquería, Nuevo León, where the Tucson began assembly in March 2024.
The withdrawal of production could mean a loss of economic and job activity, in addition to sending warning signals to the local automotive sector, which depends heavily on trade with the United States.
What actions will Hyundai take regarding the tariffs?
Hyundai announced the creation of a specialized working group to address the US tax measures. As part of its strategy, it has already begun relocating part of its Tucson production to factories in the United States.
In addition, it is considering moving production of other models currently assembled in South Korea to new locations outside its home country, although further details have yet to be revealed.
Source: mvsnoticias
