It's the latest move in CEO Jim Hackett's streamlining strategy.
The 70 representatives are from states with auto plants.
The whole sector aligns against him in a new coalition.
First-ever U.S.-specific content requirement of 50 percent proposed.
If tariffs go back up, jobs will go to China, study says.
Trade experts say the NAFTA talks are likely to stall in the face of aggressive U.S. attempts to sharply increase content requirements for autos and auto parts.
The rules of origin about U.S. content are a huge sticking point.
The administration could push a U.S.-content carveout for vehicles, one of a couple of things automakers are against.
WASHINGTON - The Trump administration on Thursday formally launched its effort to renegotiate the North American Free Trade Agreement with Canada and Mexico to try to win better terms for US workers and manufacturers. With a letter to lawmakers, Trade Representative Robert Lighthizer said he triggered a 90-day consultation period with Congress, industries and the American public that would allow talks over one of the world's biggest trading blocs to begin by Aug 16. Renegotiation of NAFTA was
Mexico accounts for a fifth of North American auto production.
Williams claims Clinton told him she'd renegotiate the still controversial trade agreement signed into law by her husband way back in 1993.
Ford will invest $1.6 billion to build small cars in Mexico, the company announced today, defying the protests of Donald Trump and angering the UAW.
Mexico has built over three million cars in a year for the first time, and is a big part of the surge in North American auto production.
If you look at the Sprinter and wonder how Mercedes-Benz can possibly compete against locally produced commercial vehicles with a model built in Germany and shipped over the Atlantic, you're not alone. In fact, in order to mitigate the tariffs (but at the cost of added logistical expense), Mercedes builds the vans in Germany, takes them half apart again, ships them as kits and reassembles them in Ladson, South Carolina.
Mexico has long been a hot spot for auto manufacturing, but the country's fortunes have been boosted lately, with Honda, Mazda and Nissan recently adding factories there, and BMW is said to be poised to join them soon. Now, new reports indicate that Kia might start building south of the border to keep up with demand.
Volkswagen manufactures in Mexico. Soon Audi will as well, and Mercedes-Benz is said to be working on a deal to assemble some of its cars at a Nissan plant in Mexico too. That leaves BMW out of the mix of German automakers building cars South of the Border, but that may soon be rectified, as well.