2 ms·
This is also how auto manufacturing works, and is built in to a lot of the defining trade agreements. Final assembly happens locally. This make up "value add"
by dalbasal 3y ago
This is also how auto manufacturing works, and is built in to a lot of the defining trade agreements.
Final assembly happens locally. This make up "value add" minimums to avoid tarrifs. It's also good PR. No one care where the aircon is made. They care where the panels are stamped out.
That's what makes GM a Holden, and part of Australian culture... for example.
There also is a practicality to it. Coke's local bottling make their whole supply chain more resilient. Coke are very good at supply chains, generally.