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Thailand’s attractiveness as a small-car hub
Rising fuel prices and unprecedented competition among automakers have resulted in some distinct trends that are sweeping the global markets. The most noticeable among them are a growing preference toward smaller cars and the shifting of manufacturing bases to Asia.
Crisis to worsen under FTA: union
The crisis in the automotive components sector will continue to worsen as long as the Federal Government permits unfair international competition and refuses to implement a strategic industry policy.
Council warns against free trade with South Korea
Kitchener joined a growing list of Canadian municipalities worried about the impact a proposed free-trade agreement with South Korea will have on the crucial automotive sector of southwestern Ontario’s economy.
Remarks by Ford President of the Americas to US Chamber of Commerce
’Right now, the President and Congress are discussing a free trade agreement with Korea. This potential trade agreement is an opportunity to demand some reciprocity, including full and unimpeded access for US made vehicles to the Korean market. Anything less will not be worthy of our support.’
Council warns against free trade with South Korea
Kitchener joined a growing list of municipalities worried about the impact a proposed free-trade agreement with South Korea will have on the crucial automotive sector of southwestern Ontario’s economy.
Canada-Korea free trade agreement bad news for Canada, CAW tells International Trade Committee
The Canadian Auto Workers union will strongly oppose the proposed free trade agreement between Canada and South Korea in a presentation this afternoon to the House of Commons Standing Committee on International Trade.
Korean, Malaysian auto barriers pose trade negotiation challenge
Opening up trade in autos poses a major challenge in free-trade agreement (FTA) negotiations with South Korea and Malaysia, experts in the United States say.
Beware Korea free trade deal: Chrysler Canada CEO
Trade negotiators are riding roughshod over the interests of Canada’s auto industry as they hurry to seal a free trade deal with South Korea, the president of DaimlerChrysler Canada Inc. said Tuesday.
FTA to cut auto sales
A free trade agreement between South Korea and Japan is expected to reduce domestic sales of local carmakers by up to 226,000 units annually.
Ambassador: NAP not an obstacle
US Ambassador to Malaysia Christopher J. LaFleur said it was not expected that the National Automobile Policy would become an obstacle for both countries in convening discussions on Free Trade Agreements (FTA).
US expects easy FTA talks with Malaysia
"We in Malaysia believe this is a very strategic agreement," Malaysian Minister of International Trade Rafidah Aziz said. "There is no opposition."
Toyota plans to tap regional FTAs
Toyota Motor Corp Japan is re-strategising its position in Malaysia to take advantage of free trade agreements (FTAs) signed between the countries in the region.
EU-SA free trade agreement stalls
The free trade agreement reached between South Africa and the EU on automotive products in November last year has run into trouble and has not been implemented.
Car, Tech Industries Expected to Gain Most From FTA Deal
Local automobile and information technology (IT) industries are expected to benefit most from the Korea-U.S. free trade agreement (FTA).
Japan urges Philippines to restart EPA talks
Japan has urged the Philippines to restart talks on the stalled negotiations of the bilateral Economic Partnership Agreement (EPA) so they can conclude all negotiations within the month. The Philippines has remained non-committal until a case filed by civic groups with the Supreme Court, seeking a temporary restraining order to bar the Philippine government from concluding the bilateral Free Trade Agreement (FTA) with Japan, is resolved.
Japanese execs arriving to resolve JPEPA issues
The Japanese are keen on resolving contentious issues on the automotive sector under the Japan-Philippines Economic Partnership Agreement within the month.
Hyundai to put up plant in RP soon
Hyundai Motor Co. will put up a car-assembly plant in the Philippines after the Association of Southeast Asian Nations (Asean) and South Korea forge a free-trade agreement, according to the Korean carmaker’s sole distributor in Manila.
India Inc worried over Govt plan to ink more FTAs
The Government’s announcement to initiate free trade agreements (FTAs) with neighbouring economies, including ASEAN and Gulf countries, by 2006 has given Indian industry cause for concern.
General Motors applauds successful US-Oman Free Trade Agreement
General Motors, the world’s largest vehicle manufacturer, applauds the successful conclusion of negotiations to create a US-Oman Free Trade Agreement.
Mitsubishi eyes Asia for expansion
Japan’s Mitsubishi Motor has set its sights on Thailand and other Asian nations for future expansion, the president of the automaker said on Tuesday. "With FTAs (free trade agreements) envisioned with Asian countries, such as ASEAN and India, we should reap benefits of such initiatives," Masuko said.