GM plans to invest US $1B in its Mexico operations despite Trump’s comments

hace 5 días 8

General Motors announced connected Wednesday a US $1 cardinal concern successful its Mexican accumulation operations implicit the adjacent 2 years, underscoring the automaker’s semipermanent committedness to the state wherever its marketplace stock is higher than 12%. 

The announcement came soon aft U.S. President Donald Trump seemingly expressed scorn for the Mexican automotive industry, calling  the United States-Mexico-Canada Agreement (USMCA) “irrelevant” and asserting that the U.S. does not request cars manufactured successful Mexico. 

Francisco GarzaCEO and president   of General Motors México, Francisco Garza (right), CEO and president of General Motors México, said the concern volition let the automaker to “continue moving connected aboriginal projects focused connected home demand, reinforcing our semipermanent committedness to Mexico.”
(Moisés Pablo/Cuartoscuro.com)

GM President Mark Reuss countered by saying that the company’s proviso concatenation remains integrated crossed the 3 countries progressive successful the USMCA, which is presently the taxable of a ceremonial review

In an authoritative statement, Francisco Garza, president and CEO of GM México, said the automaker’s “solid results” successful 2025 reaffirm its committedness to offering innovation, prime and worth successful each vehicle.

While anticipating a challenging twelvemonth ahead, Garza said GM México “will accommodate our strategy to respond to the evolving needs of our customers.” 

He added, “As portion of this caller strategy, and successful enactment with the Mexican government’s efforts to fortify the home market, we volition put US $1 cardinal implicit the adjacent 2 years successful our section manufacturing operations and proceed moving connected aboriginal projects focused connected home demand, reinforcing our semipermanent committedness to Mexico.” 

GM’s strategy aims to align with President Claudia Sheinbaum’s Plan México whose extremity is to fortify the home marketplace by fomenting a strategy based connected assembly and infrastructure tailored to the needs of the Mexican consumer.

The institution did not place circumstantial manufacturing projects successful Mexico, saying they volition beryllium announced later. 

Illustrating the coagulated results mentioned by Garza, successful December unsocial GM México income registered an summation of 11.2% compared to December 2024. 

The institution besides finds itself arsenic the person successful cardinal marketplace segments:

  •  A 78.8% marketplace stock successful ample SUVs, driven by income of the Chevrolet Suburban, Chevrolet Tahoe and GMC Yukon.
  • Its Chevrolet Tornado Van leads income for tiny vans with a 52.7% marketplace share.
  • Its ample luxury SUVs — Cadillac Escalade, Cadillac Escalade IQ/IQL and GMC Hummer EV — boast  39% of marketplace share.
  • Its compact pickups, led by the Chevrolet Montana, person a 38.5% marketplace share.

GM is the largest shaper of combustion and electrical vehicles successful Mexico and is the main exporter. It sold 198,153 units successful 2025, 2nd lone to Nissan (274,661 units sold).

With reports from El Economista, El Financiero and De Último Minuto

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