4 million vehicles produced in Canada and Mexico could be repatriated to the USA
- The Trump administration's announcement to impose a tariff (25%? Or even more?) on new vehicles from Canada and Mexico is primarily aimed at shifting production of automobiles sold on the US market and manufactured in Canada and Mexico to the United States. What are they?
- Inovev has listed the models (passenger cars and light utility vehicles) that could be transferred from Canada and Mexico to the United States, provided that the production capacity of the factories in which these models could be produced is sufficient.
• Canada : This country produced 1,365,528 vehicles in 2024, excluding heavy-duty trucks. The largest producer is the Toyota group (525,071 units), followed by Honda (420,550 units), Stellantis (192,828 units), GM (172,901 units), and Ford (54,178 units). More than 80% of the vehicles produced in Canada are exported to the USA.
• Mexico : This country produces almost three times more than Canada, or 3,722,740 vehicles in 2024, not including heavy-duty trucks. The largest producer is the GM group (838,289 units), followed by Nissan (542,414 units), Volkswagen (526,535 units), Stellantis (419,388 units), Ford (386,780 units), Toyota (242,809 units), Mazda (209,303 units), Honda (194,686 units), Hyundai-Kia (184,507 units), BMW (95,151 units), and Mercedes (57,487 units). More than 80% of the vehicles produced in Mexico are exported to the USA.
• If we remove the models produced and sold in Canada and Mexico (nearly 800,000 units), there remain more than 4 million cars exported from Canada and Mexico to the United States that could be manufactured there, which would require increasing the production capacity of manyplants located in the United States.