Mazda¡¯s Mexico chief said the automaker will reconsider its investment strategy in Mexico unless it receives clarity on tariff threats from Donald Trump.
Mazda will go to an undisclosed ¡°plan B¡± for its Mexico production plans should the U.S. president-elect¡¯s threat of putting a 25% tariff on goods from Mexico come to fruition, according to Mazda Mexico director Miguel Barbeyto.
¡°We want to continue investing in the country,¡± Barbeyto said in an interview. But without government assurances, ¡°the truth is that it would not be a good business for Mazda Motor Corporation,¡± he said, adding the company is halting its investment until there¡¯s more certainty.
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