Very subjective .....................
........ when calculating the index. This includes:
- profit margin (6%)
- labour (6%)
- location of R&D activities (6%)
- assembly location (11%),
- engine and transmission production location
- (14% and 7%, respectively), plus where the body, chassis and electrical components are manufactured (50%). Canada and U.S. content is not differentiated, but calculated together for the final results.
I could probably come out with a formula that looks a lot different. Besides, I will not buy a GM union made automobile.
Well this is from the "Toronto Sun". They are considering North American content the same as American. Though, I realize some on FR would beg to differ.
And what’s profit margin got to do with it?