Global automobile manufacturers already take into account strategies to mitigate the impact of a possible 25% tariff that the United States can impose on imports from Mexico and Canada, according to a report by the Fitch Ratings qualifying agency.
Fitch has warned that, if these commercial taxes were completed, the main automotive companies would face pressures in their credit grades due to the increase in costs and the affectation in their supply chains.
The qualifier stressed that the exposure of companies to these tariffs varies according to their level of production in North America and their ability to transfer costs to consumers.
According to Fitch, to mitigate the impact of tariffs, companies have begun to evaluate strategies such as supplier diversification, sales prices and optimization of operational costs.
However, Fitch has pointed out that automakers do not foresee drastic changes in their production until the US tariff policy is officially implemented after postponing for one month last week.
Among the companies with the highest risk are General Motors, Honda, Nissan and Stellantis, for their high manufacturing dependence in Mexico and Canada.
The most recent official data in Mexico details that the export of cars assembled in the country fell 13.74% year -on -year in January, despite the increase of 1.68% in production, as reported on Monday by the National Institute of Geography and Statistics (INEGI).
This fall in the largest sector linked to the Mexican industry occurs in the midst of the Blanca House on January 20 of Donald Trump, who has warned of tariffs to Mexican products, despite being his main commercial partner.
Fitch indicated that, before the announcement of possible tariffs, there were already negative perspectives in the automotive industry due to factors such as the deceleration of demand and transition to electric vehicles in North America.
The report emphasizes that commercial uncertainty could generate volatility in the sector, affecting the investment and competitiveness of manufacturers in the region.
In addition, Fitch warns that the total impact of tariffs will depend on their duration and scope, as well as the response measures by Mexico and Canada.
With EFE information
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