Studies from Boston Consulting Group analyzed the US’ potential exit from NAFTA and warned that the effects, rather than being positive, could affect not only Mexico or Canada but also be somewhat negative for the US economy in the automotive sector.
NAFTA negotiations could lead to an increase in regional content from 62.5 to 70 percent for vehicles manufactured in the region.
OEMs are looking to minimize the impact of vehicle theft. Nissan, Volkswagen and General Motors are the most stolen brands in Mexico and also, the most sold.
BANXICO launched a tool to compare automotive loans. It will include data only from regulated financial institutions and its purpose will be to create and boost competition, letting the population compare interest rates, amounts and financing terms.
A study from Boston Consulting Group explains that withdrawing from NAFTA would be negative for the automotive industry and not necessarily will create new jobs in the US.
China sets “impossible” regulations to foster growth of electric vehicles sales and global OEMs are not happy about it.
Even though no signs of foul play have been detected, Mercedes-Benz is still being tested in Germany to understand why some cars show high emissions levels under certain driving conditions.