Honda Plans to Make Next Civic in Indiana to Avoid Tariff Hit, Report Says | Global News Avenue

Honda electric motor (HMC) Plans to produce its next citizen hybrid in Indiana, instead of Mexico, to avoid the impact of possible tariffs Reuters Report.

Honda initially planned to make the next generation of citizens in Guanajuato, Mexico Reuters Three people familiar with the matter were cited, but are now planning to build the latest sales-type vehicle in Indiana starting in May 2028, the company wrote on Monday.

According to the report, about 80% of Honda’s production in Mexico went to the United States, while Japanese automakers chose Mexico as new citizens “as rising costs make it difficult to produce cars in Indiana and Canada.”

A company spokesperson told Investopedia. “Since the opening of the facility in 2008, Honda Civic has been manufactured in our Indiana automotive factory based on our long-term production methods that build products with our customers. We have the flexibility to produce products in each region based on customer needs and market conditions.”

President Donald Trump Said last week He plans to impose a 25% tariff on Mexican and Canadian products starting Tuesday. Trump says tariffs against Canada and Mexico will remain in place Until fentanyl smuggled Being stopped or severely restricted. The government also sees taxes as a way to bring manufacturing jobs to the United States and helps balance budgets.

Honda’s stock, which plans to merge with rival Nissan Crashed Last month, one fifth of its value was lost in the past year. Honda-listed stocks have prevailed in recent deals.