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Renault, Nissan say strategic plans on track despite virus crisis

Renault Chairman Jean-Dominique Senard and Nissan CEO Makoto Uchida said in an interview with The Wall Street Journal that the three-year strategic plans for the automakers and alliance member Mitsubishi were needed to restore investors’ confidence.
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FCA, PSA seek to boost cash before merger

The two automakers have set up additional credit lines to bolster their reserves ahead of the closing of their merger deal. Dividends, including those tied to the merger agreement, could be canceled or postponed, analysts have said.
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Mexico asks U.S., Canada to grant automakers transition for USMCA rules

Mexico's automotive lobby AMIA, insisting automakers and parts suppliers can't adapt supply chains to meet rules of origin requirements under the USMCA by July 1, urged authorities to postpone until January 2021 the start of sectoral rules in the trade pact.
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