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Industry, Unions Urge Congress to Speed Semiconductor Bills
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Industry, unions urge Congress to act quickly to bolster semiconductor manufacturing
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Arts census has goal of securing more funding for Detroit
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Can Mexico capitalize on US automakers’ pivot to electric vehicles?
Mexico could become even bigger player in global automotive manufacturing industry 7 minutes read As U.S. automakers pivot into the electric, autonomous vehicle era, cross-border operators say Mexico is more than ready to seize the moment. (Photo: GM Mexico)
The multibillion-dollar North American automotive sector, which includes one of the largest components of U.S.-Mexico trade, could dramatically change as many automakers make a substantial shift to manufacturing electric vehicles.
On April 30, General Motors (NYSE: GM) became the first U.S. automaker to announce it would build electric vehicles in Mexico. GM said it would invest $1 billion in its factory in Ramos Arizpe to produce electric cars.