USMCA Rules: Ensure Compliance And Mitigate Risks

USMCA Rules: Ensure Compliance And Mitigate Risks

Thomas Karig, managing director, TKonsult, and former VP for Volkswagen Mexico, shares his knowledge on the subject.

GlobalAutoIndustry.com’s latest Audio Interview “USMCA Rules: Ensure Compliance and Mitigate Risks” features Thomas Karig.  Until recently, Karig worked for Volkswagen de Mexico in several management positions for 37 years. Most recently, as VP of Corporate Relations and the Compliance Officer. Presently, Karig leads the TKonsult firm offering conferences, training and consulting on Mexican automotive industry issues, USMCA rules, and Governance, Risk and Compliance system implementation. In addition, he teaches Governance at the IESDE School of Management in Puebla, Mexico.

In the 10-minute Audio Interview, Karig discusses these questions:

  • What are the potential impacts for automakers in the region of the new rules? 
  • How will the new requirements involve the auto parts industry? 
  • What are the risks of non-compliance?
  • What is the balance of cost and benefits of the new rules?

Thomas Karig holds an Engineering degree in Vehicle Construction and a post-graduate degree in Business Administration. 

He worked for Volkswagen de Mexico in several management positions for 37 years (07/1980-03/2017). Most recently, he was the VP of Corporate Relations and the compliance officer. In this position, which he held for 10 years, he was responsible for government relations, customs and foreign trade agreements, corporate communications, corporate strategy, governance, risk & compliance, and legal affairs.

His expertise in the automotive industry in Mexico includes finance, project management, trade agreement negotiation and application, regulatory issues and lobbying efforts, labor and union relations, production site selection processes and investment incentive negotiations. He implemented the Governance, Risk and Compliance Management processes at Volkswagen de Mexico.  

Karig was a member of the board of directors of the Mexican Association of the Automotive Industry for 20 years. He also sat on the Board of Directors of the Mexican-German Chamber of Industry and Commerce. Other board memberships were at the Culture Foundation of the German Industry and the German School in Puebla.

He sits on the board of directors of companies in the automotive supply and real estate sectors. He teaches governance at the IESDE School of Management in Puebla, Mexico. 

In January 2019 Karig was awarded with the Cross of the Order of Merit of the Federal Republic of Germany.

Presently, Karig leads the TKonsult firm offering conferences, training, and consulting on Mexican automotive industry issues, USMCA rules, and Governance, Risk and Compliance system implementation.

TKonsult coordinates independent consultants with broad experience in industry and business, who are also active in academia.

It offers consulting and training in the fields of

•              Process Management and Lean Manufacturing

•              Objective Management

•              Compliance

•              Risk Management: strategic, operative and compliance risks

•              Integrity Policy, Conflict of Interest and Corruption prevention

•              Institutional Relations and Corporate Communications

•              USMCA requirements compliance

Click here to listen to the audio interview.

About GlobalAutoIndustry.com

GlobalAutoIndustry.com is the leading global business intelligence source for the automotive industry, connecting the worldwide automotive OEM and supplier industry with the resources to effectively do business globally. Through the website, www.GlobalAutoIndustry.com, automotive executives can find insight, solutions and strategies focused on doing business in the world’s top automotive markets. The Company offers weekly Audio Interviews and eJournal newsletters addressing important international business and operational challenges for industry professionals.  The Audio Interviews are available to over 1,000,000 automotive industry professionals worldwide, including syndicated through WardsAuto, aftermarketNews, ETAuto (The Economic Times of India), TU Automotive, MEXICONOW, BORDERNOW, and HORSEPOWER.

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