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 …
North American Free Trade Agreement (NAFTA)
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- General Motors
General Motors executives defend NAFTA, truck plant in Mexico
by SpeedLuxby SpeedLuxGeneral Motors CEO Mary Barra revealed optimism on Saturday that the North American Free Trade Agreement would endure, and other senior GM executives waited by the company’s strategies to continue …
- ChryslerFiat
Fiat Chrysler to invest $1 billion in Michigan auto plant, create 2,500 jobs
by SpeedLuxby SpeedLuxFiat 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 …
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- American
Trump’s NAFTA goals for autos to clash with industry as talks begin
by SpeedLuxby SpeedLuxThe Trump administration has set a clash with the automobile industry as it introduces renegotiations of the 23-year-old NAFTA trade pact soon, intending to diminish a growing trade deficit with …
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The United States, Mexico and Canada are most likely to reach a standard accord over revamping the North American Free Trade Agreement (NAFTA) by the middle of next year, the …
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Although Ford and General Motors canceled some of their investments in Mexico, on Friday the directors of both companies met in Mexico with the Mexican Secretary of Economy, Ildefonso Guajardo, …
- Toyota
Toyota a Japanese brand, but also a U.S. producer, says CEO Akio Toyoda
by SpeedLuxby SpeedLuxToyota Motor CEO Akio Toyoda stated his company had increased its U.S. production in the last 3 decades, and that the Japanese brand must be also be considered as a …
- General Motors
General Motors to cut 625 jobs in Canada and move some production work to Mexico
by SpeedLuxby SpeedLuxGeneral Motors is going to cut 625 jobs at its vehicle assembly plant in Ingersoll, Ontario, by the end of July as it moves some production work to Mexico, the …
- American
Pressured by Donald Trump, Mexico ready to talk about NAFTA rules in U.S. talks
by SpeedLuxby SpeedLuxUnder pressure from President Donald Trump, Mexico is preparing to go over modifications to trade rules about a product’s country of origin to attempt to prevent a disruptive battle with …
