1/10/2017 CNN Money
President-elect Donald Trump’s threats against car companies in Mexico aren’t spooking Volkswagen — yet.
The automaker is ramping up production of its Tiguan SUV in Mexico, a decision the company made two years ago. This year, it plans to make 130,000 new SUVs out of its Puebla facility in Mexico.
Last week, Trump threatened to slap a “big border tax” on Toyota and GM for producing cars in Mexico and selling them in America. He also applauded Ford for canceling plans for a new plant in Mexico and instead invest and hire in after Trump had lambasted Ford during his campaign.
Volkswagen leaders in Mexico aren’t blinking yet.