Automotive Logistics
  • Home
  • Posts tagged Free trade agreements

Free trade agreements

  • Two years for Brexit deal ‘optimistic’ as FTA calls for transitional trade measures

    March 22, 2017

    With the official date now set for the UK to begin its exit negotiations with the EU, the focus has shifted onto how those discussions will progress and whether a deal can really be struck in just two years  Completing negotiations over the UK’s exit from the European Union in just two years is looking increasingly …

  • Toyota invests in UK plant but warns on post-Brexit tariffs

    March 20, 2017

    Toyota has announced plans to invest £240m ($297m) in its UK-based car plant to enable vehicle production using its new Toyota New Global Architecture (TNGA) platform, while also promoting UK supply chain efficiencies. It is the latest new investment decision by a major carmaker following last year’s referendum in which the UK voted to leave the …

  • US-Canada Nafta trade: Northern light hoping for a silver lining

    March 17, 2017

    The new US administration has left a bit of a cloud over Nafta, and while Canada may not be the primary target of any renegotiation, the country – and its important automotive supply chain – could still get caught in the crosshairs. In this story… A three-way split Investment and strength Fear of uncertainty Border …

  • Mexico conference: Nafta concerns slow supply chain investment

    February 6, 2017

    Carmakers, tier suppliers and logistics providers are becoming increasingly cautious about investment in Mexico, downgrading some plans or holding back on decisions amid the uncertainty of Mexico’s future trade relations with the United States and potential changes to the North American Free Trade Agreement (Nafta). Mexico has been one of the largest recipients of automotive …

  • Mexico conference: Trump’s taxes and tariffs ‘a negotiating ploy’

    February 1, 2017

    The past week has seen tensions escalate between the US and Mexico over trade terms, with a number of tariff and tax proposals suggested by the administration of Donald Trump that would have significant impacts on the automotive supply chain, both in North America and globally. However, while the administration rolled back on some tariff …

  • GM job cuts loom in Canada as overlap of Equinox production ends

    February 1, 2017

    General Motors has issued a notice at its CAMI plant in Canada that could result in the laying off of about 600 employees, according to labour union Unifor. The union said it was informed of the decision by company management earlier this week. The CAMI assembly plant in Ontario has historically produced the Chevrolet Equinox …

  • For UK carmakers, ‘Global Britain’ may not be enough

    January 26, 2017

    The Society of Motor Manufacturers and Traders (SMMT), the UK automotive trade body, has welcomed the UK government’s ambitions to develop new free trade deals that could benefit the automotive industry, including with large markets like the US and China, after it leaves the European customs union. However, the group warned that such deals might …

  • It may not be popular, but collaboration is still the only smart option

    January 26, 2017

    Despite the rise in populist protectionism so clearly underlined by the UK’s recent vote to leave the EU and Donald Trump’s surprising US election win, working together remains the only sensible way forward Supply chain experts will spend 2017 dealing with the aftermath of the protectionist sentiments that helped propel the UK vote to leave …

  • Trump withdraws from TPP and prepares to renegotiate Nafta

    January 25, 2017

    As promised in his election campaign, US president Donald Trump has issued his first executive order by officially withdrawing the US from the Trans Pacific Partnership (TPP) trade deal. The future of the TPP is now uncertain, with Australian Prime Minister Malcolm Turnbull suggesting China could replace the US but Japan dismissing the idea. It …

  • US tariffs ‘of limited long-term impact’ on Mexico, says WWL

    January 24, 2017

    Export tariffs to the US will be of limited long-term impact on Mexico’s automotive sector despite some short- to medium-term concerns, the head of Wallenius Wilhelmsen Logistics (WWL) in Mexico has suggested. Commenting on an analysis of the Mexican market produced by WWL recently, including the threat of tariffs being imposed by new US president …