Last week, automakers unveiled second-quarter 2020 sales reports. Sagging showroom traffic amid the coronavirus rampage resulted in a sharp drop in sales during second-quarter 2020. Lush incentives and easy financing terms failed to beat the coronavirus blues. Fleet sales to rental car companies, corporations and government agencies have been hit hard, […]
pact
How new North American trade pact will impact autos, digital trade, drugs
(Reuters) – The U.S.-Mexico-Canada trade agreement (USMCA) will launch on Wednesday, replacing the 26-year-old North American Free Trade Agreement (NAFTA), as the global economy and international trade reel from the fallout of the coronavirus pandemic. The flow of goods among the three USMCA members – which totaled $1.2 trillion last […]