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Carmakers dampen EU free-trade drive
South Korea’s biggest car maker, Hyundai Motor Co, decided to boost its European presence five years ago, adding a family sedan and a sporty-looking crossover SUV to its smaller hatchbacks.
Analysis: Carmakers dampen EU’s free-trade drive
There is barely a corner of the world where the negotiators from the European Union - the largest trading bloc - are not trying to deepen trade ties, and talks with 80 countries are under way, from Canada to Cape Verde.
Romney: Ban Japan from free trade talks
Republican presidential candidate Mitt Romney doesn’t support including Japan in free-trade talks, a spokeswoman said Thursday.
’Don’t blame FTA for Korean cars’ popularity in EU’
Korea’s auto trade group refuted Wednesday European carmakers’ allegation that the free trade agreement between Korea and the European Union solely contributed to a sharp rise in Korean car sales in Europe.
2016 targets to be missed if India-EU FTA covers auto sector
Automobile industry body SIAM today cautioned that the sector will miss targets of the Automotive Mission Plan 2006-16 if it is included in the proposed free-trade agreement with the European Union for allowing imports of vehicles at lower duties.
Ford Europe hits at EU-Korea trade deal
The European boss of Ford Motor, the continent’s fourth-ranked carmaker by sales, has complained about “significant imbalance” in trade in cars under a free trade agreement with South Korea that took effect last year.
Ford asks steep price for Japan to join trade talks
Japan should be required to reduce the size of its auto industry before being allowed into regional free trade talks with the United States and eight other countries in the Asia Pacific, a top Ford Motor Co official said.
Korea trade deal unlikely to benefit Chrysler, CEO says
Chrysler-Fiat CEO Sergio Marchionne told lawmakers Wednesday he is skeptical of the benefits of some free-trade agreements, and urged caution about proceeding with some new agreements.
Canadian auto-parts makers see green opportunity in India
India is a brave new world for Canada’s auto-parts makers, who set out last month to test the largely untested waters.
Auto talks eyed with U.S. to ease TPP bid
Japan is set to propose a working-level forum for auto trade issues with the United States to speed up its efforts to join negotiations on a trans-Pacific trade framework, sources said Saturday.
Europe’s carmakers hit out at India trade deal
Europe’s carmakers are crying foul over a proposed free-trade agreement between the European Union and India, which they say would restrict access to one of the most important but highly protected markets.
GM joins chorus against FTA duty cut on EU cars
General Motors, Hyundai and Suzuki are against the reduction in import duty on European cars proposed under the India-EU free trade agreement
U.S. auto council opposes Japan joining in TPP talks
A council representing the Big 3 U.S. automakers has declared that it opposes Japan joining negotiations on the Trans-Pacific Partnership free trade agreement at this time, saying Japan’s auto market is not receptive to imports.
India-EU FTA could hurt local auto industry: Patel
Even as the negotiations for the impending India- European Union (EU) free trade agreement (FTA) seem to have entered the last stage, heavy industries minister Praful Patel has written to Prime Minister Manmohan Singh expressing concerns on the adverse impact of such a move on the domestic industry.
Japan’s Canadian auto units want Ottawa to strike free-trade deal
The Canadian units of the Japanese auto makers are spearheading an effort to persuade Ottawa to begin negotiations with Japan on a bilateral free-trade agreement amid a new, more liberal attitude the Asian nation is taking toward such deals.
FTA drives S. Korea’s car exports to EU
South Korea’s car exports to the European Union (EU) surged 40.1 percent on-year in the first 10 months of 2011, fueled by the bilateral free trade pact, a local industry association said Tuesday.
Industry suggests Pak auto NTBs on Indian goods
Following the expected Most Favoured Nation (MFN) status to India by Pakistan, PAAPAM says both the countries should allow transfer of technology through joint ventures and technical assistance agreements, making the regional industry competitive, say auto industry experts while talking to journalists here on Monday.
Japan reneges on JPEPA commitment
The local automotive industry has asked the government to remind Japan of its commitment to bring in fresh investments into the Philippines under the Japan-Philippines Economic Partnership Agreement.
Kia closely watching free-trade debate
Kia spent $150,000 in the first quarter of this year to lobby members of the US House and Senate on matters that included the Korea-US free-trade agreement, according to federal lobbying records.
Commerce Min for protection of domestic auto industry: Patel
Heavy Industry Minister Praful Patel has said the Commerce Ministry is "broadly supportive" of the view that the domestic automobile industry should be protected when India signs a free trade agreement with the European Union.