Mexico auto supplier body says about 92% of auto parts produced in Mexico comply with USMCA requirements

News
Policy & Regulation

The remaining 8% face an average tariff of 27%

According to Gabriel Padilla, general director of the National Auto Parts Industry (La Industria Nacional de Autopartes: INA), the association of automotive components suppliers in Mexico, about 92% of auto parts manufactured in the country comply with the US-Mexico-Canada Agreement (USMCA) regulations, allowing them to be exempt from tariffs when exported to the US. The remaining 8% face an average tariff of 27%.

Thank you for visiting S&P Global AutoTechInsight.

To get access to the AftermarketInsight full suite of services, please contact us by clicking here.

Already a subscriber? Please log in here.

preload preload preload preload preload preload