Background on General Motors (GM) Mexico
General Motors (GM) México, along with Central America and the Caribbean, has maintained its workforce without any negative impacts from the tariffs imposed on Mexican car imports to the United States, according to Francisco Garza, President and Director of GM Mexico. The company remains a leading manufacturer in the domestic market.
Current Situation and Outlook
Six months after the tariff imposition on Mexican car imports to the US, GM Mexico’s labor plant continues unaffected. Francisco Garza, CEO of GM Mexico, expressed optimism about the T-MEC review process towards 2026, stating that discussions between Mexico, the US, and Canada will result in a “good agreement.” The automotive industry is crucial to strengthening North America.
Positive Collaboration with Mexican Government
Garza highlighted that meetings with the Secretariat of Economy have been positive. He believes integrating comments from all three countries will lead to a favorable T-MEC revision. The automotive industry has brought significant benefits to Mexico and the North American region, according to Garza.
GM’s Commitment to Mexico
Celebrating 90 years in Mexico, GM plans to continue operating for another 90 years. The company is working with suppliers to strengthen national content, ensuring its long-term presence in the country.
Market Performance
Despite external pressures from tariffs, the Mexican market continues to advance in commercialization, production, and exports. September was a strong month for electric vehicle sales in the US, with GM reporting a 7.7% increase in auto sales from July to September, totaling 710,347 units. Two electric models, the Chevrolet Blazer EV and Equinox EV, are manufactured in Mexico.
Production Adjustments
The GM manufacturing plant in Silao, Guanajuato, experienced temporary inactivity during the first two weeks of July and between August 4-11 due to tariff adjustments. However, Garza assured that GM’s manufacturing sites in Ramos Arizpe, Silao, and San Luis Potosí continue operating normally, with the workforce unaffected by recent changes.
Key Questions and Answers
- What is the current status of GM Mexico regarding tariffs? GM Mexico remains unaffected by the tariffs, with its workforce operating normally.
- How has GM Mexico’s market performed amidst tariff challenges? Despite external pressures, GM Mexico has seen a 7.7% increase in US auto sales, with strong electric vehicle performance.
- What adjustments has GM Mexico made due to tariffs? The Silao plant experienced temporary inactivity, but overall manufacturing sites continue operating without workforce impact.
- What is GM Mexico’s outlook on the T-MEC revision process? Garza is optimistic about a favorable outcome, emphasizing the automotive industry’s importance in strengthening North America.
