Automakers

Mexico asks U.S., Canada to grant automakers transition for USMCA rules

Mexico's AMDA auto distributors association expects sales of all new vehicles made in the country to drop by at least 26 percent in 2020, to about 982,000 cars and light trucks, on par with sales during the 2009 financial crisis.
R
By:
Reuters
April 06, 2020 11:26 PM

MEXICO CITY -- Mexico's government on Tuesday asked the United States and Canada to grant its automotive industry extra time to adapt its supply chains as the deadline for implementing a new North American trade deal approaches.

Staying current is easy with newsletters delivered straight to your inbox.