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Gabelli funds portfolio manager Brian Sponheimer also express confidence in the strength of the automotive industry in Claman Countdown.
Honda is plans to move some of it Car production As Industry President Donald Trump faced the latest tariffs from Canada and Mexico to the United States.
The purpose of the car manufacturer is to provide 90% of the sale of US with local vehicles, According to a report Japanese newspaper Nikkei.
According to the report, according to this purpose, the company considers a potentially transfer to support CR-V and civil means to support this purpose. Over the next few years, the carmaker wants to increase the production of US more than 30% by adding more employees to US CR-V and civil models.
Mexican Economy Minister Marcelo Ebrard, on Tuesday afternoon X writing, said that Honda leaders in the country talked to government officials and there is no change in production plans.
Honda refused to prepare any announcement about production changes.
“Honda, taking into account the customer needs and market conditions, taking into account the customer needs and market conditions, the” close building products close to the customer will continue to take into account the optimal global production system and division. “Honda produces cars over 40 and sold in the United States in the United States And about two-thirds (65%) of Acura vehicles were built.
Hyundai will invest in 20B in US production
It applies tariffs for the increase in production in the Trump, auto industry, the United States, due to the “unfair subsidy and aggressive industrial policy of the foreign automotive industry” in the United States ” The production stopped. “
Honda CR-V SUGs, on October 16, 2024, Honda Marin is shown in a sales lot, California, California. (Justin Sullivan / Getty Images)
Tariffs applied a 25% tariff in April to finance tax reduction plans to finance tax benefits as a way of tax revenues All imported passenger vehicles. This includes sedans, cars, crossovers, minibuses, trucks and light trucks.
He also hits the main car parts like engines, transmission, powertrin and power components, although it is “there are processes to expand tariffs for additional parts,” he said.
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Trump management plans to apply a 25% tariff in automatic parts, which will start on May 3. First, the United States-Mexican-Canadian Agreement (USMCA) is expected to plan a plan to use the US components of the US components of the United States. In other car parts of the agency, tariffs are expected to determine the process of introducing tariffs until the end of June.
2024 Honda HR-V, on November 27, 2023 sits on 27, 2023 in the stock market. (Joe Raedle / Getty Images)
Trump management said the tariffs will strengthen the US car sector, Car experts claimed to have tariffs If there is no increase in favorable issues, especially if the internal production of vehicles or not gathered or not collected in 100% local production parts.
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Honda, potential variable transactions are not the only car manufacturer. Hyundai announces plans to invest $ 20 billion in March to bring production operations in the United States
Part of this investment will provide about $ 5.8 million, the next generation steel plant will provide two plants and provides more than 1,400 people. The rest of the money will be directed to expand production in the United States
Nissan CEO Makoto Uchida suggested that Trump’s tariffs can force the car producer outside Mexico.