Canada to Participate in Mexico-U.S. Auto Spat as Third Party
Kait Bolongaro and Eric Martin, Bloomberg August 27, 2021 Mexico requested formal consultations with the U.S. to settle a disagreement over how to measure regional content for cars to trade duty-free. Canada’s move “will and should be interpreted” as taking Mexico’s side, said Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association. Read article here.
Trump wants direct control over where cars are produced: Bloomberg
October 29, 2019, BNN Flavio Volpe, president of Automotive Parts Manufacturers Association, joins BNN Bloomberg to discuss a report saying Donald Trump wants control over where auto parts are made as part of a NAFTA deal. Click here for original video.
Fiat Chrysler cuts 1,500 jobs as Windsor plant reduces minivan output
Chester Dawson, Bloomberg/Driving.ca April 1, 2019Fiat Chrysler Automobiles is cutting about 1,500 jobs at a factory in Canada that’s scaling back production due to slowing minivan sales.The Italian-American automaker plans to eliminate the third shift at its assembly plant in Windsor, Ontario beginning September 30, according to an emailed statement.The company produces Chrysler Pacifica and […]
Fiat Cuts 1,500 Jobs as Canada Plant Reduces Minivan Output
Chester Dawson, Bloomberg March 28th, 2019Fiat Chrysler Automobiles NV is cutting about 1,500 jobs at a factory in Canada that’s scaling back production due to slowing minivan sales.The Italian-American automaker plans to eliminate the third shift at its assembly plant in Windsor, Ontario, beginning Sept. 30, according to an emailed statement. The company produces Chrysler […]
Shares of Canadian auto parts suppliers surge after trade deal removes tariff threat
Martinrea International jumped 13 per cent, the most since 2014, Magna gained 5.1 per cent and Linamar rose 9 per cent Canada’s eleventh-hour inclusion in a new North America free-trade deal removes a major overhang for auto suppliers but doesn’t fix many of the competitive issues that have restricted investment in the Canadian auto industry. […]
We’ll keep pressuring on metals tariffs: Auto parts association president
Click here for BNN Interview.
Trump Clears Deck for China Trade War With New Nafta Deal
Rich Miller, Andrew Mayeda , Jenny Leonard President Donald Trump looks to be preparing for a potentially protracted economic war with China by clearing the decks of disputes with America’s other trading competitors. In just the last few weeks, he’s struck a last-minute deal with Canada and Mexico, signed a trade agreement with South Korea […]
