
The 3 components of USMCA’s automotive rules of origin
The automotive rules of origin of the Mexico-U.S.-Canada Agreement (USMCA) have three main components: regional value content (RVC), labor value content (LVC), and steel and
The automotive rules of origin of the Mexico-U.S.-Canada Agreement (USMCA) have three main components: regional value content (RVC), labor value content (LVC), and steel and
During the first quarter of 2023, world trade growth was positive for both goods and services, according to UNCTAD‘s latest Global Trade Update. Following a
U.S. industrial production showed a slight decline in the first quarter of 2023, falling 0.1% at a seasonally adjusted quarterly rate after contracting 0.6% during
Concerns about fentanyl smuggling through U.S. ports of entry have led to heightened screening of commercial and passenger vehicles coming from Mexico and accelerated the
US industry capacity utilization was 79.8 percent last March, up 1.4 percent from March 2022 to March 2023. At the same time, industrial production rose
France led exports of vehicles for transporting 10 or more people worldwide in 2022, with shipments of $929 million. After recording exports of these vehicles
The IMF in April revised upward its estimate of Eurozone GDP growth for 2023 to 0.8%, from its estimate of 0.7% in its January 2022
The United States, Germany and China led the way among the world’s largest car importers in 2022, according to data from the World Trade Organization
Volkswagen and Ford jointly acquired a refrigerant for vehicle manufacturing, a concentration approved by Mexico‘s Economic Competition Commission (Cofece). Initially, on December 7, 2022, Volkswagen
The heavy truck market is currently valued at about $200 billion, noted Canada‘s Westport Fuel Systems. This market experienced a significant decline due to the
The automotive rules of origin of the Mexico-U.S.-Canada Agreement (USMCA) have three main components: regional value content (RVC), labor value content (LVC), and steel and
During the first quarter of 2023, world trade growth was positive for both goods and services, according to UNCTAD‘s latest Global Trade Update. Following a
U.S. industrial production showed a slight decline in the first quarter of 2023, falling 0.1% at a seasonally adjusted quarterly rate after contracting 0.6% during
Concerns about fentanyl smuggling through U.S. ports of entry have led to heightened screening of commercial and passenger vehicles coming from Mexico and accelerated the
US industry capacity utilization was 79.8 percent last March, up 1.4 percent from March 2022 to March 2023. At the same time, industrial production rose
France led exports of vehicles for transporting 10 or more people worldwide in 2022, with shipments of $929 million. After recording exports of these vehicles
The IMF in April revised upward its estimate of Eurozone GDP growth for 2023 to 0.8%, from its estimate of 0.7% in its January 2022
The United States, Germany and China led the way among the world’s largest car importers in 2022, according to data from the World Trade Organization
Volkswagen and Ford jointly acquired a refrigerant for vehicle manufacturing, a concentration approved by Mexico‘s Economic Competition Commission (Cofece). Initially, on December 7, 2022, Volkswagen
The heavy truck market is currently valued at about $200 billion, noted Canada‘s Westport Fuel Systems. This market experienced a significant decline due to the
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