North American Auto Trade Associations Urge Renewed Focus on NAFTA
July 10, 2018
Automotive industry associations in North America release a statement urging NAFTA modernization.
July 10, 2018—Automotive industry associations representing vehicle and parts manufacturers in the U.S., Canada and Mexico today urged a renewed focus on trade negotiations with the U.S., Canada and Mexico to modernize NAFTA.
The Alliance of Automobile Manufacturers, American Automotive Policy Council, Association of Global Automakers, Asociación Mexicana de la Industria Automotriz, Canadian Vehicle Manufacturers' Association, Global Automakers of Canada, Motor & Equipment Manufacturers Association, Canadian Automotive Parts Manufacturers' Association, and Industria Nacional de Autopartes A.C. today issued the following joint statement:
"As a new government forms in Mexico on December 1st, 2018, we believe now is the time for all parties to return to the negotiating table with a renewed commitment to the modernization of a cohesive three-country NAFTA agreement. We have a great opportunity to update this trade agreement and it is in the best interest of all three countries to refocus on establishing a new NAFTA agreement that will allow the North American auto industry to remain globally competitive."
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