The Truth About Cars

MARCH 19, 2024

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. Tesla also reportedly plans to (finally) get its affordable EV out the door in the next year or so. Mexico-Canada free trade agreement. Image: Ford] Become a& TTAC insider.

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The Truth About Cars

MAY 5, 2023

Ford has introduced new models specifically designed to cater to Chinese customers. Still, Changan Ford (the automaker’s regional joint venture) only held 1 percent of all Chinese light-vehicle sales in 2022 vs the 4 percent it managed to snag in 2016. So far, direct sales haven’t been a part of that.

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The Truth About Cars

FEBRUARY 14, 2024

China’s BYD is reportedly prepared to set up a new production facility in Mexico with the alleged plan to use the locale as an export hub for the United States. American brands love sending jobs to Mexico, as does every other company interested in moving high volume models through North and South America. Overall, 1.36

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The Truth About Cars

FEBRUARY 28, 2024

This week, Senator Josh Hawley (R-MO) is introducing legislation to increase tariffs on imported Chinese vehicles this week with the stated goal of dealing with the “existential threat posed by China.” percent to 100 percent, including vehicles owned by Chinese-based automakers that are assembled in places like Mexico.

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Chinese Vehicles Mexico United States 115

The Truth About Cars

MARCH 22, 2024

Earlier this week, Donald Trump suggested that he would impose a 100 percent tariff on select automobiles manufactured in Mexico — sending the industry into a minor tizzy. Having done some digging into the matter, Trump only appears to be targeting Chinese vehicles being manufactured south of the border. It went to Mexico.

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