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Mexico Auto Exports to U.S. Reach Record High in June

Results likely to charge up Trump administration efforts in NAFTA talks.

by on Jul.11, 2017

The Big Three automakers would like NAFTA to remain status quo; however, the Trump Administration is renegotiating the deal this summer.

With discussions on altering the North American Free Trade Agreement set to begin next month, Mexico’s auto exports set a record in June with the help of in shipments to buyers in the United States, according to new figures released by the Mexican Auto Industry Association.

With carmakers slowing production at plants in the U.S., these new results are certain to give new life to the Trump administration’s efforts to alter NAFTA’s terms.

Insight!

Automakers generally fear that these potential changes have the potential to disrupt the international network of suppliers that have linked up plants in the U.S., Canada and Mexico. (more…)