Mexico relaxes used car import rules

Newswire

MEXICO CITY, Aug 22 (Reuters) - Mexico on Monday relaxed its limits on the import of used cars from the United States and Canada, despite objections from the auto industry, a vital sector in Mexico's economy. The finance ministry extended its age limit for cars and trucks that can be legally imported to 15 years from the previous 10 years. The government said it was acting to try to organize the used car market in Mexico before limits were fully lifted in 2009 under the terms of North ...

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