Reality CheckJames B. Treece
CAR DOMESTIC-CONTENT LABELS will make it easier to "buy American," say U.S. auto execs. The federally mandated labels, on new cars as mf Oct. 1, list what percentage of parts are U.S. or Canadian, the topmost foreign countries supplying parts, the country the engine and transmission parts come from, and where the car was assembled. Detroit says foreigners hoodwink U.S. buyers into thinking a car is North American-made when most of its parts come from abroad.
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