Exports and Imports
Hyundai dealers in China seek up to $135 million in compensationWed, 20, Jul 2016
A group of Hyundai dealers in China is seeking 800 million-900 million yuan ($120 million-135 million) in compensation from the South Korean automaker, saying Hyundai has cut the flow of models it exports to them, resulting in dealership losses and closures.
China's BAIC launches exports to MexicoSun, 10, Jul 2016
China's BAIC Motor started selling cars imported from China in Mexico and aims to reach 5,000 sales a year by 2018. BAIC, a unit of Beijing Automotive Group, joins a host of global automakers who have set up operations in Mexico to access markets in the U.S. and Latin America. It sold its first car in Mexico last month.
Legal hassles possible for U.S. companies in wake of BrexitFri, 24, Jun 2016
International automotive companies should prepare for tricky legal issues -- especially on trademarks and trade treaties -- as the United Kingdom exits the EU. That's the advice from Jeff Sadowski, a suburban Detroit patent attorney for Howard and Howard.
UK 'Leave' vote deflates hopes for U.S.-EU trade dealFri, 24, Jun 2016
Britain's looming exit from the European Union is another huge setback for negotiations on a massive U.S.-EU free trade deal that were already stalled by deeply entrenched differences and growing anti-trade sentiment on both sides of the Atlantic.