The South Korean automaker Hyundai It will maintain the production of the Tucson truck in Mexico, confirmed the company.
“Due to the global geopolitical, commercial and economic environment, Hyundai continues with the production of the model Tucsonmanufactured in the fishing plant, the commercialization will be allocated to markets with which Mexico maintains free trade, ”said the company The Universal.
The Tucson began to be manufactured in March 2024 at the KIA plant in fishery, Nuevo León.
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Last year 16,756 units of Tucson were manufactured in Mexico, according to figures from the INEGI.
Currently, another version of this truck is manufactured in the Hyundai plant in AlabamaUSA.
Yesterday, Hyundai announced that he established a working group to face the US tariffs, so he is also evaluating the possibility of transferring the production of other vehicles made in South Korea To other countries, although he did not detail which.
From April 3, the United States charges a 25% tariff to all imported cars and trucks.
In the case of vehicles from Canada and Mexicoits commercial partners in the T-MECa 25% tariff Only to the non-American pieces or content, a measure that, according to experts, contravenes the provisions of the T-MEC.
“We foresee that commercial perspectives remain challenging due to the intensification of commercial wars and other unpredictable macroeconomic factors,” Hyundai said in the United States.
In March, the automotive announced an investment of 21 billion dollars in the United States between 2025 and 2028, to increase its production capacity in plants of Alabama and Georgia.
Between Hyundai and Kia they will establish an annual production capacity in the United States of 1.2 million vehicles of all their brands: Hyundai, Kia and Genesis.
The investment includes a steel plant for five billion in Louisiana, which will produce more than 2.7 million metric tons of steel per year and will supply steel to the Alabama and Georgia plants, creating more than 1,400 jobs.
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Despite the statements and according to a recent post of Marcelo Ebrardholder of the Secretariat of Economy (SE), the South Korean car manufacturer Hyundai, will continue in Mexico.
“Hyundai’s production in Monterrey will continue, as confirmed by Carlos Carrasco, legal director and relations with the Hyundai government,” established Ebrard Causabon.
However, it will allocate the production of the Tucson model to other countries with which Mexico has Free Trade Agreement.
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