Regional Auto Content Under NAFTA Could Grow, VW Mexico Exec Says

Newswire

By Sharay Angulo LEON, Mexico, Dec 6 (Reuters) - An executive at carmaker Volkswagen's Mexico unit said on Wednesday there is room to boost regional tariff-free content for autos made in North America, a central plank of the Trump administration's plan to overhaul NAFTA. Under the North American Free Trade Agreement, 62.5 percent of a vehicle's content must be made within the region to qualify for tariff exemptions, and the U.S. government is seeking to raise the threshold to ...

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