Honda Motors is one of the foreign brands that older interests has in the united States. A large part of its sales worldwide come from this country and along with its luxury brand, Acura, has established a reputation as superb. However, as with the Brexit the Uk things seem to get complicated in the country of Uncle Sam. The choice of Donald Trump as president of the “estates” do not look forward to many of the brands that there are present and could present some other shock at the economic level.
According to Takahiro Hachigo, CEO of Honda Motors, it is still not clear what are the economic policies that Donald Trump will put into practice finally. Until they are clearly not able to evaluate if you do changes in the production that has the signature in the united States. In addition he adds that it is a problem for all manufacturers of automobiles in the united States and not just Honda.
Trump wants to end the free trade treaty and that would complicate things a lot for manufacturers that are established there. This situation would increase the price of the cars that Honda and other brands manufactured in the united States. In addition, it will also make the cars that manufacture in Mexico also raise price and therefore would be causing the demand domestic united States callera on chopped.
Honda has two factories car Mexico, one of which is situated in Celaya and another in Guadalajara. These, together with those in the united States could see how their load of work and investment will change dramatically if the economic policies of Donald Trump become protectionist and contrary to products manufactured in third countries such as Mexico and other parts of the world.
To end to mention that Ford has ratified their investments in Mexico and therefore will not take into account the words of Trump. To see what makes Honda.
Source – Honda Motors