How Does NAFTA Impact The Automotive Industry

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NAFTA having turned twenty years old in 2014 it is important to view its impact of the automotive industry. Automotive sales between the countries have increased both in sales and overall production. With that being said there was a clear winner between the “3 Amigos” In 1994 when NAFTA was ratified US car exports to Mexico increased 685% which resulted in a increase of $437 million in profits, along with that in Mexico production of automobiles has tripled. The result of the boom in Mexico didn’t fare well for the United States or Canada. Production in Canada saw little to minor increases in production. While the US saw a double-digit decline in production of automobiles.
For Mexico the gains didn’t stop there and the fears of many when NAFTA
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