Nissan Motor Corp. is considering shifting vehicle production from Mexico to Japan to offset potential 25% tariffs on automotive imports announced by President Trump. CEO Makoto Uchida indicated that although moving production might help, it would still have a significant negative impact on profits. With a merger with Honda off the table, Nissan is focusing on cost-cutting measures amid these tariff threats, similar to strategies being evaluated by General Motors and Ford. Additionally, Nissan aims to expand in markets like China and India, looking to boost exports to the Middle East.
Source: https://www.supplychaindive.com/news/nissan-tariffs-mexico-japan-production/740422/