Great Wall Motors' presence in Mexico remains stable despite potential tariff rise proposals
In the face of a proposed tariffs increase on auto imports from China, Great Wall Motors (GWM) has confirmed its continued operation in Mexico. The company, which has been present in the Mexican market for nearly two years, has expressed its intention to continue investing, growing, and strengthening its strategic and business relationships.
GWM's expansion in Mexico is an active part of the country's economic, technological, and energy development. The company's plans for Mexico are long-term in nature, with a focus on nationwide coverage. Major cities like Mexico City, Guadalajara, Monterrey, Puebla, Querétaro, León, Toluca, and others are targeted for locations.
The company's commitment extends beyond just business operations. GWM has been actively involved in Mexico's technological and energy development, with a growing network of distributors currently over 50.
Between January and August this year, GWM sold 9,685 vehicles in Mexico, marking a 6% increase compared to 2024. The company's product line in Mexico includes the Haval H6 hybrid SUV, the fully electric ORA 03, Haval Jolion SUV, the Tank 300, and the Poer pickup.
Tariffs on car imports from China to Mexico could potentially increase from 20% to 50%. GWM's Mexico General Manager and Vice President, Pedro Albarrán, is aware of the potential impact of the tariffs adjustment. However, Albarrán reiterated that Mexico is a priority market for the company, with long-term plans and objectives. Regardless of the final outcome of the tariffs imposition, GWM's commitment to Mexico remains unwavering.
The proposed tariffs increase is part of President Claudia Sheinbaum's Economic Package for next year. The reform is currently being debated in the Chamber of Deputies. Despite the potential increase in tariffs, GWM has not expressed any intention to leave Mexico. The company has not provided any specific details about potential adjustments to its investment plans due to the tariffs imposition.
It is worth noting that the search results do not provide information about the legislative body or individuals who passed the bill to increase tariffs on auto imports from China in Mexico. The reform of the General Import and Export Tax Law is still under discussion, and its final outcome remains uncertain.
In conclusion, Great Wall Motors remains committed to its operations in Mexico, despite the proposed tariffs adjustments. The company's focus on long-term plans and objectives, as well as its involvement in Mexico's economic, technological, and energy development, underscores its dedication to the Mexican market.
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