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Market Chatter: Nissan Seeks to Cut Costs on Mexico-Made Models Amid US Tariffs

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Nissan Motor (TYO:7201) is working to lower production costs for vehicles built in Mexico to offset the impact of U.S. tariffs, Bloomberg News reported Wednesday, citing an interview with Chief Executive Ivan Espinosa.

Espinosa told Bloomberg Television the automaker is focusing on models subject to a 25% U.S. tariff, which have become harder to sell as affordability pressures weigh on demand.

He said Nissan is seeking to make the Mexico-made vehicles more competitive as negotiations to renew the U.S.-Mexico-Canada free trade agreement continue, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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