The June sales pace extended the recovery that began in May, though the first-half total stayed below a 2025 stretch inflated by pre-tariff buying. New light-vehicle sales reached a seasonally adjusted annual rate (SAAR) of 16.52 million units in June 2026, up 4.4% from June 2025, according to the latest National Automobile Dealers Association (NADA) […]
U.S. Declines to Renew USMCA at First Joint Review as Auto Industry Presses for Extension
The Trump administration said it would not renew the pact in its current form, leaving trade rules that govern North America’s integraded auto-parts supply chain in force but unsettled. The United States, Mexico and Canada conducted the first mandatory joint review of the U.S.-Mexico-Canada Agreement (USMCA) on July 1, and U.S. Trade Representative Jamieson Greer […]
US and Canadian Auto Recyclers Call for Tariff Exemption on Used Auto Parts
The Automotive Recyclers Association (ARA) and the Automotive Recyclers of Canada (ARC) have submitted a joint letter to President Trump requesting that used automobile parts harvested from end-of-life vehicles be exempted from recently imposed tariffs under Section 232 of the Trade Expansion Act of 1962. In their April 25 letter, the organizations outlined three key […]
Automotive Suppliers Celebrate USMCA Trade Pact that Takes Effect Today
The entry into force of the United States Mexico Canada Agreement (USMCA) today is being celebrated by automotive suppliers and steel producers in North America. USMCA, signed into law in January, replaces the North American Free Trade Agreement (NAFTA). According to the Trump Administration, the agreement will expand U.S. manufacturing and is vital for the […]
USMCA Trade Agreement Signed into Law
At a ceremony yesterday, President Trump signed the United States-Mexico-Canada Agreement (USMCA) that will replace the North American Free Trade Agreement (NAFTA). According to the Administration, the agreement will expand U.S. manufacturing and is vital for the auto industry. Negotiated in 2018, USMCA also contains new protections for American intellectual property, digital trade provisions and […]
Business Groups Applaud Senate Passage of USMCA
Automotive and general business groups are applauding the passage of the the U.S.-Mexico-Canada Agreement (USMCA) that was negotiated in 2018 to replace the existing North American Free Trade Agreement (NAFTA). In a rare display of bi-partisanship in the face of the impeachment trial of President Trump, the Senate voted 89-10 yesterday in support of the […]
MEMA Joins Over 400 Companies and Organizations Urging Congress to Pass USMCA
The Motor & Equipment Manufacturers Association (MEMA) joined over 400 other organizations and businesses in signing a letter to Congress urging an autumn passage of the United States-Mexico-Canada Agreement (USMCA). The National Association of Manufacturers delivered the letter to Capitol Hill on Oct. 15. “North America is the most significant trade market for the United […]
NADA Urges Congress to Pass New North American Trade Pact
National Automobile Dealers Association (NADA) 2019 Chairman Charlie Gilchrist announced October 8 the organization’s support for the United States-Mexico-Canada Agreement (USMCA) at the Automotive Press Association luncheon in Detroit, Mich. The USMCA was signed last November by the United States, Canada and Mexico and the new trade agreement is designed to replace the North American […]
Auto Manufacturers and Parts Suppliers Applaud Mexican Passage of USMCA
Mexico is the first country to ratify the new free trade agreement for North America. Vehicles manufacturers and OEM and aftermarket parts suppliers are applauding the ratification yesterday by Mexico of the U.S.-Mexico-Canada Agreement (USMCA) that was negotiated last year to replace the existing North American Free Trade Agreement (NAFTA). The agreement includes updated rules […]
U.S.-Mexico-Canada Trade Agreement Signed
Today at the G20 Summit being held in Argentina, the United States, Canada and Mexico signed the new trade agreement announced in October to replace the North American Free Trade Agreement. The new United States-Mexico-Canada Agreement (USMCA) centers on the auto industry and the Trump Administration’s desire to have higher North American-produced content in automobiles […]