Tag Archives: automobiles

USMCA Turns Two, But Has it Worked?

OPINION By EARL ANTHONY WAYNE and DIEGO MARRQUÍN BITAR Friday, July 1, will mark the second anniversary of the United States-Mexico-Canada Agreement (USMCA). The first two years look promising, but it is not yet clear if the outcomes will be sufficient to retain public and political support when the agreement is reviewed in 2025-26. Given the USMCA’s economic importance for

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AMLO Puts the Skids on Mandatory Auto Inspections

By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) announced Monday, May 16, that he will halt the implementation of mandatory biannual mechanical verifications for all cars over four years old. The new regulation was ordered by the Secretariat of the Economy on Friday, May 13, and would have gone into effect in November. But during

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Mexico Asks USMCA Panel to Resolve Auto Dispute with US

XINHUA Mexico has requested a dispute resolution panel be set up under the United States-Mexico-Canada Agreement (USMCA) to resolve differences with Washington in the interpretation of automotive content rules, the Mexican Economy Secretariat said Thursday, Jan. 6. “Mexico believes that a panel decision will provide confidence to the automotive industry for the benefit of the region’s competitiveness,” the secretariat said

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New Vehicle Sales Rebound 16 Percent amid Pandemic

XINHUA The sales of new vehicles in Mexico rose 16 percent in July compared to June, for a third consecutive increase, despite the novel coronavirus pandemic, the National Institute of Statistics and Geography (Inegi) said on Tuesday, Aug. 4. According to the independently run agency, the country sold 72,897 units in the seventh month of the year, compared to 62,837

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