On Tuesday, Mexican President Claudia Sheinbaum declared that the majority of auto industry executives operating factories in Mexico have confirmed they have no immediate plans to relocate. During a morning press conference, the president disclosed that she had engaged in discussions with the chief executive officers and global managers of numerous automotive companies, with the majority of them expressing no desire to alter their current positions. With nearly 80% of Mexico's exports destined for the United States, and Mexico notably absent from the global tariff list unveiled by President Trump last week, the automotive sector in Mexico remains resilient.
