Argentina: Vehicle Production Plunges, the Automotive Sector in Great Difficulty
Sales have fallen about 40% since late 2023 as cheaper imports and weak household demand squeeze factories, according to business owners and official data.
6 Articles
6 Articles
Argentina’s austerity-hit economy reels towards recession, testing Milei ahead of 2027 vote - Regional Media News
By Nicolás Misculin BUENOS AIRES, Nov 2 (Reuters) - At a family-owned factory in Buenos Aires, a machine used to wrap packets of colored socks sits silent. Eseka still produces nearly 3 million items a month at the factory, including underwear and swimwear for its [...]
Argentina’s austerity-hit economy reels towards recession, testing Milei ahead of 2027 vote
By Nicolás Misculin BUENOS AIRES, Nov 2 (Reuters) - At a family-owned factory in Buenos Aires, a machine used to wrap packets of colored socks sits silent. Eseka still produces nearly 3 million items a month at the factory, including underwear and swim...
The Straits Times
CNBC-TV18Argentina's austerity-hit economy reels towards recession, testing Milei ahead of 2027 vote
BUENOS AIRES, Nov 2 - At a family-owned factory in Buenos Aires, a machine used to wrap packets of colored socks sits silent. Read more at straitstimes.com.
The economic difficulties are intensifying for Javier Milei in Argentina. Plunged by the ultraliberal president's austerity policy, the economy is expected to enter into a technical recession next month. In particular, a consumption in dungeon and a fall in industrial production, which is felt in the Cordoba region, where the automotive sector is losing momentum.
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