Marchionne, Barra to Meet With Pence Amid Discord Over NaftaBy
Executive from the U.S.-based automakers are set to meet with Vice President Mike Pence Monday amid tension over the Trump administration’s efforts to revamp the North American Free Trade Agreement.
Fiat Chrysler Automobiles NV’s Chief Executive Officer Sergio Marchionne, General Motors Co. CEO Mary Barra and Joe Hinrichs, Ford Motor Co.’s president of global operations, are scheduled to attend the meeting at the White House, according to people familiar with the matter.
Spokeswomen for GM and Ford confirmed that Barra and Hinrichs would meet with Pence. The person who said Marchionne would attend asked not to be identified.
Automakers have plenty of issues to raise.
President Donald Trump has pushed for companies to construct more auto assembly plants in the U.S., while also pushing for major changes to Nafta. Trump’s negotiators want to increase the share of U.S. parts required for vehicles assembled in North America to receive duty-free treatment under Nafta, a change that the auto industry has warned could undercut Trump’s America-first goals.
Meanwhile, the administration is conducting a review of environmental regulations enacted during the Obama administration that aim to boost the fuel efficiency of the average new car to more than 50 miles-per-gallon by 2025. Carmakers say the rules are too aggressive and asked the Trump administration to reopen a review of the regulations.