Trump's tariffs could quickly cut North American auto production by a third

Roughly a third of North American vehicle production could be cut due to President Trump’s 25% tariffs on Mexico and Canada, resulting in a loss of 20,000 units per day. S&P Global Mobility warns of layoffs and production impact if the tariffs are not changed or lifted, as automakers aim to offset increased costs and consumers delay new car purchases. The majority of daily light-duty passenger vehicles in North America are produced in the U.S., followed by Mexico and Canada, with 25 automakers collectively producing 63,900 units per day.

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