The Chevrolet Silverado has been one of America’s most popular pick-up trucks since it was launched almost three decades ago. But the iconic vehicle could now become one of the biggest victims of Donald Trump’s trade war.
The high-margin General Motors model, which costs roughly $40,000-$70,000, relies on one of the most complex, international and interconnected automotive supply chains, making it particularly vulnerable to the US president’s threat to impose 25 per cent tariffs on Canada and Mexico.
Of the 673,000 Silverados produced last year, 31 per cent were built at GM’s factory in the Mexican city of Silao and 20 per cent at its plant in Oshawa, Canada.