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Manufacturers Free Trade Agreements Automotive Industry

Baker Donelson

Final Regulations on Tax Credits for Electric Vehicles: No Time to Relax

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The Treasury finalized regulations for the Clean Vehicle Credit under I.R.C. Section 30D. These regulations are effective July 5, 2024. The Section 30D credit, up to $7,500, applies to new electric or fuel cell vehicles...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

USMCA Preview: Alternative Methods of Dispute and Temporary Relief for Vehicle and Light Truck Producers

After more than two years of deliberation, the United States-Mexico-Canada Agreement [T-MAC in Mexico] will enter into force on July 1, 2020. The three-nation agreement includes a key element employers may want to take note...more

Foley & Lardner LLP

Manufacturing in Mexico?

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Opportunities and challenges to think through before pursuing the Manufacturing, Maquiladora and Export Services Industry program (IMMEX)....more

Foley & Lardner LLP

What Auto Manufacturers Need to Know About Mexico Under the USMCA

Foley & Lardner LLP on

Building upon the centuries-old business relationship between Mexico and the United States, NAFTA allowed both countries to benefit from a seamless workshop that clearly made the pie larger. The 25-year-old contract needed to...more

Foley & Lardner LLP

Understanding and Coping with the U.S.-Mexico-Canada Agreement: USMCA Updates NAFTA Rules of Origin for Motor Vehicles and Auto...

Foley & Lardner LLP on

On September 30, 2018, the United States, Mexico and Canada announced that they have reached an agreement on a “new, modernized trade agreement for the 21st Century” (USTR, 09/30/2018). Going by the new name of the...more

Foley & Lardner LLP

Here Comes the U.S.-Mexico Trade Agreement

Foley & Lardner LLP on

The North American Free Trade Agreement – NAFTA for short – just took one step closer to no longer existing. As originally reported by the NY Times, the United States and Mexico announced that they had reached agreement on...more

Foley & Lardner LLP

NAFTA Renegotiations Create Uncertainty for Automakers

Foley & Lardner LLP on

The promise to renegotiate or else withdraw from NAFTA was one of the central points of the Trump campaign that helped him win states like Michigan, Ohio, and Pennsylvania. In keeping with his campaign promises, the Trump...more

Foley & Lardner LLP

White House Wants to Renegotiate NAFTA to Help Automotive Companies, Who May Not Want the Help

Foley & Lardner LLP on

As anticipated by the Dashboard as far back as December 2016, the current administration is determined to renegotiate (or scrap) the North American Free Trade Agreement (NAFTA) in a way that helps out the United States’...more

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