Mexican auto industry groups urge Puebla state to allow operations to restart

  • 📰 Reuters
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Mexican auto industry groups on Sunday urged the governor of the state of Puebla to allow a gradual restart of operations after economic activity was curbed to contain the spread of the novel coronavirus.

) have major plants, said on Friday conditions “do not exist” yet for the auto industry to restart activity, while carmakers with plants in other states have signalled they are being allowed to reopen.

The automotive industry represents 3.8% of Mexico’s gross domestic product and 20.5% of its manufacturing GDP while also being a major employer, five industry groups said in a joint letter to Puebla Governor Miguel Barbosa.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

“Mexican auto industry”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The rental car industry has ground to a near halt. This is what that means for automakers and car buyersThe nation's rental car companies are in deep trouble. And that's another blow for the already struggling auto industry. Ohh I never know Americans rented cars So many news worthy events this week and this is what you find to be important?
Source: CNN - 🏆 4. / 95 Read more »

This new-age industry is in the 'valley of despair,' but it may have a new catalyst: Ark Invest CEO3D printing stocks have fallen up to 90% from their highs, but the group might be saved by other struggling industries looking to lower costs, says Ark Invest CEO Cathie Wood. ETFEdgeCNBC Anyone projecting $tsla to 3k a share should not be interviewed on CNBC or portrayed as a serious investor $tslaq
Source: CNBC - 🏆 12. / 72 Read more »