Toyota $7203.T is revisiting its manufacturing strategy for the wildly popular RAV4 SUV, reflecting broader shifts in global supply chains. The Japanese automotive giant is now considering localizing production of the next-generation RAV4 in the United States—a move designed to offset the risks stemming from US auto import tariffs and currency fluctuations.
General Motors, one of the United States' leading automotive giants, has announced plans to ramp up production of light-duty trucks at its Fort Wayne plant in Indiana. This decision follows the imposition of a 25% tariff on imported automobiles, a significant factor influencing the automaker's strategy. Let's explore the reasons behind this move and its potential impact on the American automotive market.