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Tag Archives: korea fta
Toyota to Export U.S. Built Camry to South Korea
The Camry mid-size sedans will be made at Toyota’s manufacturing plant in Georgetown, Kentucky, which is Toyota’s largest manufacturing facility outside of Japan. The strong Japanese Yen is causing Toyota to increase production out of its home country. Whether a U.S. made Camry is any more suited for the Korean market given Japan’s troubled relations with Korea is debatable. Continue reading
Toyota to Export U.S.-Built Sienna to South Korea. FTA that UAW Supported, Also Helps Non-Union Plant Exports
The Korea FTA is opposed by all organized labor groups, except the United Auto Workers Union, which in the view of critics sold out organized labor for the promise that 75,000 UAW-built vehicles would be exported to Korea. Thus far Ford and General Motors, all with new four-year UAW contracts, have not announced plans to export to Korea. Continue reading
EU-South Korea Free Trade Agreement Favors Koreans
Under current market conditions, this waiver will not balance the current €10.7 billion trade deficit in automobiles, according to the respected consultancy Frost & Sullivan. Continue reading
Posted in auto news, economy, labor issues, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, eu korea fta, eu korean fta, ford Europe, free trade, frost & sullivan, fta, Ken Zino, korea fta, Korean fta, prana tharthiharan natarajan, unemployment, zino
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