Canadian auto parts industry sounds alarm over Chinese investments in Mexico


Key Topics in this News Article:

News Snapshot:

Open this photo in gallery: A worker crosses the Magna plant in Puebla, Mexico, in 2015. The Mexican Association of Automotive Distributors said in September the country’s Chinese car imports had increased by 62.6 per cent during the first eight months of 2023.Brett Gundlock/ Boreal Collectiv/The Globe and Mail Canada’s auto parts industry is expressing concern about a string of investments by Chinese firms in Mexico’s auto industry, moves it argues are designed to skirt rules in the United States-Mexico-Canada Agreement that give favourable tariff treatment to cars made mostly with North American parts. Flavio Volpe, president of the Auto...