Mazda's new plant in Huntsville, Alabama, is producing the CX-50 SUV. However, the auto industry faces a looming threat from potential Trump Administration tariffs on imports from Mexico and Canada.
Published: Jan. 03, 2025, 11:27 a.m. Mazda employees in Huntsville, Ala., cheered when the first car made in the company's new plant rolled off the production line. The CX-50 is an SUV designed specifically for the American market.The auto industry is bracing to see whether the incoming Trump Administration will follow through on a proposed 25% tariff on imports from Mexico and Canada.
threatened to impose tariffs on products from Canada and Mexico if the two nations don’t stop what he called the flow of drugs and migrants across their borders. He said he would impose a 25% tax on all productsTariffs that high would particularly impact automakers which have moved many vehicle and parts production lines to Mexico for cheaper labor expenses. Analysts say the tariffs would be passed on to buyers and would hit the most affordable cars and SUVs the hardest, and at a time when car prices are already at near-historic highs. Wolfe Research, for example, estimates the tariffs could add about $3,000 to the average cost of every car sold in the U.S., as an estimated $97 billion worth of auto parts are imported to the U.S. from Canada and Mexico each year.The Wall Street Journal The company currently makes its Mazda3 and the CX-30 SUV in Mexico, which makes up about 30% of the company’s U.S. sales volume. “No business can absorb immediately something like what’s being proposed here,” Donnelly told the paper. Mazda currently makes the CX-50 in Huntsville. In November, the last month for which sales figures are publicly available, Mazda reported its best November sales of the CX-50, with 7,072 vehicles sold. By November Mazda reported a yearly increase in its overall sales of 18.6%. About 4,000 people are employed at Mazda Toyota Manufacturing USA in Huntsville. The plant also manufactures the Toyota Corolla Cross.Alabama housing market in attractive cities shows strength with rising prices, sales ‘Alabama.
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