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New vehicle sales in Mexico rebound 16 pct amid pandemic

MEXICO CITY, Aug. 4 (Xinhua) -- The sales of new vehicles in Mexico rose 16 percent in July compared to June, for a third consecutive increase despite the novel coronavirus pandemic, the National Institute of Statistics and Geography (Inegi) said on Tuesday.


GM posts 800-mln-USD loss in 2nd quarter

CHICAGO, July 30 (Xinhua) -- General Motors (GM) reported a net income loss of 758 million dollars on revenue of 16.8 billion dollars in the second quarter, the U.S. automaker released its second-quarter results on its website on Wednesday.