Steel Markets
November 22, 2015
U.S. Vehicles: Proudly Made in North America
Written by Sandy Williams
It used to be that labor unions fought to keep automobile production in the United States. Soon, the biggest “domestic” auto makers will be companies like Honda and Toyota as two of the Big 3 head to Mexico.
The UAW labor negotiations concluded Friday with the ratification of agreements with Ford and GM. Part of the agreements negotiated this year included assurances that workers will continue to have products to produce at the various U.S. assembly plants. The assurances are necessary in light of shifts in production by Detroit manufacturers to foreign venues that offer currency benefits and cost savings through lower labor costs.
