Honda Considers Shifting US Car Production from Mexico and Canada Amid Tariffs
ReutersMay 6, 20251 min2,213 views
8 connectionsΒ·10 entities in this videoβHonda's Potential Production Shift
- π Honda is reportedly considering moving some car production from Mexico and Canada to the United States.
- π― The goal is to have 90% of cars sold in the US manufactured locally.
- π This move aims to increase US vehicle production by up to 30% over the next 2 to 3 years.
Reasons for the Proposed Shift
- β οΈ The potential production shift is a response to US President Donald Trump's auto tariffs.
- π° The information was reported by the NIK newspaper.
Specific Model Relocations
- π Production of the CRV SUV may move to the US from Canada.
- π Production of the HRV SUV may move to the US from Mexico.
Honda's US Market Presence
- π The US was Honda's biggest market last year, accounting for nearly 40% of global sales.
- π Honda sold 1.44 million vehicles in the US last year, importing about two-fifths from Canada or Mexico.
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Whatβs Discussed
HondaCar ProductionUnited StatesMexicoCanadaUS Auto TariffsCRV SUVHRV SUVUS MarketReuters
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