DuckerFrontier’s automotive experts have been monitoring the United States-Mexico-Canada Agreement (USMCA) and its implications on the North American automotive industry. Yesterday’s headline announcing the Trump administration’s ratification is a step forward to realizing a more balanced resolution to both global and North American trade, despite Canada still not having signed this legislation. As outlined in DuckerFrontier’s whitepaper, What “the new NAFTA” means for North American auto supply chains, there are at least two areas we believe require continued monitoring by automotive firms:
Ultimately, as the dust settles, North American production-based OEMs can begin to finalize planning and allocate products/programs that fit with the USMCA guidelines, especially as it relates to parts that originate from North America or the ROW.
In DuckerFrontier’s whitepaper, What “the new NAFTA” means for North American auto supply chains Analyst, Emilie Newton and Managing Director, Abey Abraham outline the base-case, upside, and downside 2020 scenarios for automotive firms surrounding USMCA legislation. Download your copy today.
To build the right plan for your business to navigate changes surrounding USMCA, contact a DuckerFrontier automotive expert today.