Mexican Media Brands
Marchionne Counsels Patience on Trade Debate
Carmakers would be well advised to remain calm over Trump administration threats of tariffs and border taxes to avoid wrecking talks to revise the North American Free Trade Agreement, says Fiat Chrysler Automobiles CEO Sergio Marchionne.
#economics
Share
Carmakers would be well advised to remain calm over Trump administration threats of tariffs and border taxes to avoid wrecking talks to revise the North American Free Trade Agreement, says Fiat Chrysler Automobiles CEO Sergio Marchionne.
He suggests to reporters at the Geneva auto show that carmakers should “wait until the noise stops” before contributing their own threats to the discussion.
Marchionne acknowledges that the collapse of NAFTA negotiations would affect FCA’s investment decisions in Canada and Mexico.
RELATED CONTENT
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
Global Car Market to Shrink for 2-3 Years
Global sales of light vehicles will decline year on year through at least 2021, predicts LMC Automotive at its annual outlook conference outside Detroit, Mich.
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.