Chinese automaker Great Wall Motors ‘is here to stay’ in Mexico, despite proposed tariff hike

Great Wall Motors, the Chinese automaker, has confirmed it volition proceed to run successful Mexico contempt projected tariffs of up to 50% connected Chinese car imports.

“GWM is present to stay,” Great Wall Motors (GWM) announced, sending a connection of certainty to its distributors and consumers. “We volition proceed investing, growing, and strengthening each of our strategical and concern relationships successful the country.”

GWM is simply a planetary automaker whose offerings see SUVs, pickups and EVs. It has been operating successful Mexico for 2 years. (Herrera San Luis/Facebook)

Tariffs connected car imports from China to Mexico could summation from 20% to 50%, according to the planned betterment of  the tariff fractions wrong the General Import and Export Tax Law. The project, presently being debated in  the Chamber of Deputies, would signifier a important portion of President Claudia Sheinbaum’s Economic Package for adjacent year, arsenic she seeks to summation nationalist revenues done taxation.

GWM Mexico General Manager and Vice President Pedro Albarrán said helium is “fully alert of the imaginable interaction of a tariff accommodation similar the 1 presently being proposed,” but added that his institution considers it “important to reiterate our beingness successful the country.”

GWM has operated successful Mexico for astir 2 years. Between January and August this year, the institution sold 9,685 vehicles, marking a 6% summation compared to 2024. Its models see the Haval H6 hybrid SUV, the afloat electrical ORA 03, Haval Jolion SUV, the Tank 300  and the Poer pickup.

The automaker said its extremity is to beryllium an progressive portion of the country’s economic, technological and vigor development. 

“Mexico is simply a precedence marketplace for america and our plans, imaginativeness and objectives proceed to beryllium long-term,” Albarrán stressed. 

GWM’s enlargement strategy successful Mexico has been supported by a increasing web of distributors successful the country, which presently stands astatine implicit 50. The institution aims for nationwide sum with locations successful large cities similar Mexico City, Guadalajara, Monterrey, Puebla, Querétaro, León, Toluca and others.

“Whatever the last result of the [imposition of caller tariffs], our permanence successful Mexico is steadfast and our committedness unwavering,” Albarrán stressed.

 With reports from El Economista