3 Automakers to Change Coverage Period for USMCA Blanket Documentation
Three automakers are changing their blanket coverage period for USMCA documentation, the Automotive Industry Action Group said in an emailed alert. Ford, GM and Honda had been issuing blanket documentation that covered the period July 1 to June 30 each…
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year, as a result of the USMCA’s July 1, 2020, effective date. The three automakers will now switch to blanket periods that run for the calendar year, from Jan. 1 to Dec. 31, the AIAG said. The change will “better align with other trade agreements” and “make it easier for suppliers to manage their trade documentation processes,” the AIAG said. The change will take effect for GM and Honda Jan. 1, 2024, and for Ford Jan. 1, 2025, the AIAG said.