Magna to produce electric-drive powertrain with China's Huayu AutomotiveOct. 18
Magna has signed a joint-venture agreement with Chinese company Huayu Automotive in an effort to strengthen the Canadian parts maker's footprint in China.
NAFTA trade ministers to square off over hard-line U.S. demandsOct. 17
The ministers leading NAFTA negotiations wrapped up the latest round of high-level talks after Canada and Mexico rejected what they see as hardline proposals by the U.S. The three countries agreed to extend talks to retool the trade pact into early 2018.
U.S. offers little reassurance on NAFTAOct. 16
Lobbyists expressed concern that extreme U.S. positions could make a NAFTA deal impossible, with the potential that beneficial trading benefits for industries in all three countries could end.
Resigned to a world without NAFTAOct. 16
Automakers and suppliers are starting to envision a world without the North American Free Trade Agreement. Signs are growing that the Trump administration is determined to gut the 23-year-old deal.
GM warns Canadian union it could wind down striking CAMI plantOct. 12
General Motors is growing frustrated by the impasse in contract talks with Unifor and warned the union it will look to produce the Chevrolet Equinox elsewhere unless workers call off a month-long strike at the plant in Ingersoll, Ont.
Grim reality of NAFTA talks sets in after tough U.S. demandsOct. 15
Negotiators from Canada and Mexico grappled with U.S. demands to drastically alter NAFTA as talks over renewal of the pact vilified by President Donald Trump ran through a fourth straight day.
U.S. unveils proposal to boost autos content in NAFTA, report saysOct. 13
The United States has formally unveiled proposals to boost the amount of regional content that autos must contain to qualify for NAFTA tariff-free access, sources told Reuters.
Canada, Mexico pledge trade unity as Trump threatens NAFTAOct. 13
The leaders of Mexico and Canada presented a united front for trade talks with Donald Trump, committing to continued trilateral negotiations over NAFTA.
Ontario tells GM and Unifor to resolve strike nowOct. 12
The Government of Ontario urged GM and striking Unifor to resolve a monthlong strike at a Chevrolet Equinox plant after the automaker threatened to move production out of Ontario.
Ending NAFTA could cost U.S. up to 50,000 auto parts jobs, suppliers' study saysOct. 12
The auto parts industry could lose up to 50,000 jobs in the United States if NAFTA is terminated and companies must pay higher tariffs to ship products to Mexico and Canada, according to a new study.
Trump could envision U.S. trade deal with Canada without MexicoOct. 11
President Donald Trump said he would be open to doing a bilateral trade deal with Canada but not Mexico if talks between the three countries over NAFTA fall apart.
Mexico expects rough round of NAFTA talksOct. 11
Mexico auto industry officials are bracing for hardball proposals from American trade negotiators as the latest round of talks to revise the North American Free Trade Agreement gets underway.