Donald Trump | SpeedLux

As NAFTA weighs, Trump’s tariffs drive auto issues in U.S.

From a hotel in Mexico City, Ann Wilson, a senior executive at the United States Motor and Equipment Manufacturers Association (MEMA), is fielding calls from American auto parts makers worried

General Motors8 years ago

General Motors to close one South Korea plant

U.S. President Donald Trump has used a decision by General Motors to close one of its four plants in South Korea to introduce fresh criticism of the U.S.-South Korea trade

American8 years ago

Major automakers urge Trump administration not to eliminate NAFTA

Global automakers on Monday prompted the Trump administration not to end the North American Free Trade Agreement and revealed hope the United States, Canada and Mexico can successfully conclude a

BMW8 years ago

BMW positive about favorable outcome to NAFTA talks

BMW is positive about Washington’s drive to renegotiate the North American Free Trade Agreement (NAFTA) will lead to a deal that benefits the German automaker, it stated on Monday. “BMW

Hyundai8 years ago

Toyota and Mazda to built $1.6 billion plant for Huntsville, Alabama

Toyota Motor and Mazda Motor stated on Wednesday they will construct a $1.6 billion joint assembly plant in Alabama that will hire approximately 4,000 employees, a boost for President Donald

Fiat8 years ago

Fiat Chrysler to invest $1 billion in Michigan auto plant, create 2,500 jobs

Fiat Chrysler Automobiles stated it will move production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move that decreases the threat to the automaker’s profit should

Mazda8 years ago

Albama will be the site of Toyota, Mazda’s auto plant

Alabama will be the site of an upcoming $1.6 billion Toyota Motor and Mazda Motor auto plant, a success for President Donald Trump who had prodded manufacturers to construct new

Daimler8 years ago

Daimler says U.S. tax reform will raise 2017 net income

German automaker Daimler stated on Friday the U.S. tax reform would lead to an income tax benefit of around 1.7 billion euros ($2.01 billion) in its 2017 results. Other problems

Ford8 years ago

Ford to move midsize sedan production out of Mexico

Ford Motor has informed providers it plans to move production of midsize Fusion and Mondeo sedans out of Mexico and Spain in 2020 and transfer it to China, three sources

Ford8 years ago

Ford and Zotye Auto agrees to invest $756 million in electric vehicle

Ford Motor and China’s Anhui Zotye Automobile are going to make an investment of combined $756 million to establish a 50-50 joint venture in China to build electric passenger vehicles,

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