ICYMI: Mexico will seek tariff relief on autos, steel, and aluminum at the July 20 USMCA review. The DOJ has opened a grand jury probe into UAW President Shawn Fain. Unifor reached a tentative three-year deal with Ford, covering about 5,150 workers. Stellantis posted estimated Q2 shipments of 1.6 million vehicles, up 10%. Volkswagen may cut 50,000 more jobs, bringing planned reductions to 100,000. Here’s a closer look at these top stories and more headlines to stay on top of this week’s automotive industry news. Mexico targets auto, steel tariffs as USMCA review puts North American trade in focus Mexico is planning to ask the U.S. to eliminate tariffs on automobiles, steel, and aluminum during the United States-Mexico-Canada Agreement (USMCA) review scheduled for July 20. President Claudia Sheinbaum’s administration submitted a 13-point trade agenda aimed at restoring certainty for manufacturers and preventing future unilateral trade actions. Read More DOJ launches grand jury investigation into UAW President over alleged misuse of union authority The U.S. Department of Justice (DOJ) has launched a federal grand jury investigation into allegations that United Auto Workers (UAW) President Shawn Fain improperly used his position to secure financial benefits for his fiancée and her sister, according to internal union communications obtained by Bloomberg. Read More Unifor reaches tentative 3-year labor agreement with Ford The Canadian autoworkers union Unifor reached a tentative three-year labor agreement with Ford and avoided a potential strike after negotiations continued past the union’s self-imposed Friday deadline. Unifor’s Ford Master Bargaining Committee unanimously endorsed the agreement, which covers approximately 5,150 workers at Ford’s Oakville Assembly Complex, Windsor Annex and Essex Engine Plants, as well as parts distribution centers in Ontario and Alberta. Read More Stellantis Q2 shipments rise 10% as North America leads growth Stellantis reported an estimated second-quarter global shipments of 1.6
Weekly roundup: Mexico seeks tariff relief, DOJ investigates UAW President, Unifor and Ford ...
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