New Car Launches in the U.S. That Dodge Tariff Disruption
Honda and Volvo’s Production Shifts
Honda is also adjusting its production strategy in response to the new tariffs. The company has made the decision to shift production of the next-generation Honda Civic from Mexico to Indiana. This move will help Honda avoid the 25% tariff and ensure that the Civic remains affordable for U.S. buyers.
Volvo, on the other hand, is expanding production at its Charleston, South Carolina facility to keep up with the growing demand for electric vehicles. The company is also exploring additional shifts in production to ensure it can maintain competitive pricing in the face of rising tariffs.