|
According to Carscoops, MG has confirmed that it will be building a car manufacturing plant, along with a research and development center, in Mexico. With this move, MG becomes the second Chinese automotive brand to establish a production base in the North American country.
MG has already begun selling its products in Mexico, but it now aims to manufacture MG-branded vehicles and its premium IM brand cars locally. The SAIC-owned brand affirmed that the new facility will help expand its market reach into the Caribbean region and provide a better understanding of the Latin American automotive market.
While Carscoops reports that related information is currently scarce, it is highly likely that MG’s Mexican production base will be located somewhere between Mexico City and the border with the United States.
Reuters notes that MG has not framed this move as part of a future expansion into the American market. Earlier this year, BYD announced plans to build a plant in Mexico but stated that it would not use this facility to export cars to the US.
|
|
MG currently offers a diverse range of products to Mexican customers. |
According to Carscoops, if MG chooses to produce cars in Mexico and sell them in the US, it could theoretically avoid the additional 100% import tariff that America imposes on cars imported from China. However, the situation could become more challenging for MG or any Chinese car manufacturer, as the Biden administration is reportedly planning to ban Chinese software from appearing on autonomous vehicles in the US. The American government has also pressured Mexico to stop providing incentives to Chinese carmakers planning to invest in the southern neighbor.
Tesla once considered building a plant in Mexico but has since postponed those plans until after the US presidential election. According to Reuters, Elon Musk expressed concern that a re-elected Trump might impose additional import tariffs on cars manufactured in Mexico and imported into the US.
Great Reads for Your Drive
Our Automotive section brings you a selection of captivating books with diverse themes. During those restful moments on your journeys, a good book can be a delightful companion.
The Rise of New Vehicle Inventory in North America
The surge in new vehicle inventory across North America in June was remarkable, with stocks tripling the figures witnessed during the pandemic era.
The All-New MG Windsor: Unveiling the Affordable Electric Car Starting at 291.9 Million VND
The renowned MG brand has unveiled its latest creation, the all-new Windsor, an affordable electric vehicle that promises to revolutionize the market. With a starting price of just 990,000 INR (approximately 291.9 million VND), the MG Windsor is set to make waves in the automotive industry. This sleek and stylish EV offers a tempting proposition for those seeking a cost-effective and environmentally friendly mode of transportation.
CFLITE DUAL 200 Manual Motorcycle Unveiled: Priced at VND 57 – 74 Million
CFLITE, a subsidiary of CFMOTO, has unveiled its first-ever manual clutch motorcycle, the DUAL 200. This exciting new model marks a significant step for the brand, showcasing its commitment to innovation and performance. With a name that hints at its versatile nature, the DUAL 200 promises to offer a unique riding experience, blending power and agility in perfect harmony.
“The MG5 Mid-Life Facelift: A New Look, Enhanced Technology.”
The MG5 sedan, a popular choice in the Chinese market, has received a refreshing mid-life update. The second-generation model now boasts an even more sophisticated exterior, with design cues inspired by its premium sibling, the MG7 sedan. The focus of this redesign is on the front and rear, elevating the overall aesthetic appeal of the vehicle.
2024 Toyota Land Cruiser 250 Debuts In Japan, Starts At $33,700
The Land Cruiser’s core model sheds its Prado suffix in the Japanese domestic market and embraces petrol and turbodiesel powertrains, without any form of electrification.
