Nissan said the U.S. 25% tariff on vehicles imported from Mexico makes it infeasible to profitably sell sub-$30,000 models such as the Kicks and Sentra or to move their production to the U.S., CEO Ivan Espinosa told Automotive News at a media event.
The tariff was imposed by the Trump administration, and a Supreme Court ruling later found some tariffs unconstitutional, prompting refund claims; USMCA-compliant vehicle content remains exempt from the newer tariff, the article noted.
Nissan builds these lower-price models in Mexico for affordability, and the company said the 25% levy compels higher trim pricing to retain margins, affecting competitiveness in the segment.
Automotive News also reported that some companies sought refunds after the court decision and that Stellantis posted sales gains across markets during a weak quarter for many automakers.
This summary is based on coverage by The Autopian.
Read the full article at The Autopian.
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