Sun, 27 Sep 2020

TORONTO, ON / ACCESSWIRE / September 15, 2020 / Statement by Brian Kingston, President & CEO of the Canadian Vehicle Manufacturers' Association:

'The CVMA welcomes the U.S. announcement that it will resume duty-free trade of non-alloyed, unwrought aluminum retrospective to September 1, 2020. We appreciate the Canadian government's efforts to resolve this trade issue which added unnecessary costs to manufacturers on both sides of the border.'

'The CVMA encourages the Canadian government to remain engaged with the U.S. to promote the importance of the highly integrated North American automotive manufacturing industry and avoid additional trade barriers that threaten economic recovery from the COVID-19 pandemic.'

For further information, please contact:

Canadian Vehicle Manufacturers' Association
Office: 416.364.9333

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 FCA Canada Inc.; Ford Motor Company of Canada, Limited and General Motors of Canada Company. Collectively its members operate 4 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



View source version on accesswire.com:
https://www.accesswire.com/606272/CVMA-Statement-Regarding-US-Decision-to-Resume-Duty-Free-Trade-of-Aluminum

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