USMCA a Relief for Toyota and Honda

The video discusses a new deal affecting carmakers like Honda and Toyota, focusing on production locations in Canada and Japan. It highlights the importance of certainty for companies to invest and plan strategically. Changes in local content rules may require production adjustments. An analysis suggests the impact on cars meeting the 'Made in America' threshold may be minimal.

What percentage of Honda's cars sold in the US are made in Canada?

• 1/3

• 1/5

• 1/4

• 1/2

Where are Toyota's Rav 4 SUVs primarily manufactured?

• Canada and Japan

• Mexico

• Germany

• United States

Why is certainty important for companies in the automotive industry?

• It helps them increase their workforce.

• It allows them to expand into new markets.

• It allows them to reduce production costs.

• It enables them to make strategic plans and investments.

What might car manufacturers need to do due to changes in local content rules?

• Increase their marketing budget.

• Reduce the number of models produced.

• Rejig their production lines.

• Hire more employees.

What is the new 'made in America' threshold percentage?

• 50%

• 60%

• 75%

• 80%