The incoming Trump administration has had an impact on automakers Ford, GM, Chrysler and Toyota regarding investment in auto manufacturing plants in Mexico, but not so much Canada.
In agreements made last fall in contracts negotiated by the auto workers’ union, the big three agreed to spend $1.6 billion in Canada during the next four years.
Ford, who will spend $700 million, say their plans have not changed.
Fiat Chrysler with plans to spend $331 million also has reiterated that their plans are also set to go forward.
And GM stated that they are working post-haste to get their promised Canadian projects under way.
It is becoming obvious that the fear of cheap Mexican production costs does not spread to the U.S./Canadian auto agreements, at least not so far, which may just be a harbinger of reasonable trade relations with the U.S. going forward.