Automotive Site Selection in Small and Rural Communities
Wednesday, April 29, 2020
Site Selection Factors for the Automotive Industry
The U.S., Mexico, Canada Agreement (USMCA), for example, which has now higher local [requirements] content. So before, the local content for automotive projects was at about 62%, and now they raised it to 75%, which means you have to manufacture much more in the U.S. For example, Germans like to ship in the engine but that is a very large part [of the car]. So, the whole supply chain is changing. And then, with all the new agreements with China, for example, the tariff war going on, back and forth, how many tariffs ar...