Mexican auto parts firms expect record year after U.S. backs trade deal
Mexican auto parts manufacturers with clients across North America expect a record year after U.S. approval of a trade deal mandating higher regional inputs, but the new rules pose a bigger challenge to carmakers. After months of wrangling, U.S. lawmakers on Thursday ratified the United States-Mexico-Canada Agreement (USMCA), brokered at the behest of President Donald Trump to replace the 1994 North American Free Trade Agreement (NAFTA). The accord, which Canada's parliament is expected to app
NASCAR to run Xfinity race on Indy road course for first time
Roger Penske already is making changes at Indianapolis Motor Speedway. On Wednesday, in his first major move since buying the iconic facility, Penske announced the NASCAR Xfinity Series race at Indy on July 4 will use the track's road course. The Cup Series race, the Brickyard 400 scheduled for July 5, will remain on the track's 2 1/2-mile oval.
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