Canadian Vehicle Manufacturers' Association Statement on the Signing of the New North American Free Trade Agreement

TORONTO, Nov. 30, 2018 /CNW/ - The Canadian Vehicle Manufacturers' Association (CVMA) issued the following statement regarding the official signing of the new North American free trade agreement between Canada, the United States and Mexico today in Argentina:

"The CVMA congratulates the Government of Canada on the occasion of the signing of the new free trade agreement between Canada, the United States and Mexico.  This tri-lateral agreement provides a workable framework to support the highly integrated North American automotive industry.  However, we urge the government to continue its efforts to remove the steel and aluminum tariffs as quickly as possible, which are undermining the spirit of the agreement, in order to achieve the full potential of this modern new agreement."

About the Canadian Vehicle Manufacturers' Association (CVMA)

The Canadian Vehicle Manufacturers' Association is the industry association that has represented Canada's leading manufacturers of light and heavy duty motor vehicles for more than 90 years. Its membership includes Fiat Chrysler Automobiles (FCA) Canada, Inc.; Ford Motor Company of Canada, Limited and General Motors of Canada Company. Collectively its members operate 5 vehicle assembly plants as well as engine and components plants, and have over 1,300 dealerships. 136,000 jobs are directly tied to vehicle assembly in Canada. Direct and indirect jobs associated with vehicle manufacturing are estimated at over 792,000 across Canada. Please visit www.cvma.ca.

SOURCE Canadian Vehicle Manufacturers' Association (CVMA)

For further information: Mark Nantais, President, Canadian Vehicle Manufacturers' Association, Office: 416.364.9333, Cell: 416.560.4005

Related Links

www.cvma.ca