Major automakers, suppliers and auto dealers launched a new coalition on Tuesday to urge U.S. President Donald Trump not to withdraw from the North American Free Trade Agreement.
Auto trade associations representing major carmakers, including General Motors Co., Toyota Motor Corp., Volkswagen AG, Hyundai Motor Co. and Ford Motor Co. are part of the coalition dubbed "Driving American Jobs." The group is behind an advertising campaign to convince the White House and voters that the NAFTA pact has been crucial in boosting U.S. automotive sector production and jobs.
Trump has threatened to withdraw from the trade agreement among the United States, Canada and Mexico, which is heavily utilized by automakers that have production and supply chains spread across the three countries.