The US election could redefine automotive production worldwide, impacting tariffs, EV policies, and trade relations across the US, Europe, and Mexico.
With the 2024 election results now in, and Trump as the 47th President of the US, European and US automakers alike are bracing for potential shocks to their production and supply chains. Policies on trade, electric vehicles (EVs), and investment in domestic manufacturing will set the direction for the industry under either candidate, with significant implications for the global market.
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New tariffs have triggered shorter-term shifts in US production operations and longer-term evaluation on investments and strategies as supply chains are restructured.
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