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U.S.-Mexico-Canada Agreement trade pact delayed one month to July 1

U.S.-Mexico-Canada Agreement trade pact delayed one month to July 1

WASHINGTON — U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed. In a statement, Lighthizer said both Mexico and Canada...
AutoNation returning $77 million in coronavirus relief

AutoNation returning $77 million in coronavirus relief

WASHINGTON — AutoNation Inc, the largest U.S. auto dealership chain, said on Friday it will return $77 million it received in forgivable loans from the U.S. Paycheck Protection Program (PPP) meant to help struggling small businesses and employees during the...
Ford Reveals Mustang Cobra Jet 1400 Electric Dragster

Ford Reveals Mustang Cobra Jet 1400 Electric Dragster

Ford has revealed a new factory dragster from its performance division that wears the automaker’s traditional Cobra Jet name but this time is all-electric.The Mustang Cobra Jet 1400 is a prototype that makes 1400 horsepower and offers up 1100 lb-ft of...