Stellantis South America Warns that It Could Close Its Two Factories in Argentina
11 Articles
11 Articles
Stellantis headline for South America, Herlander Zola said. "We could move from one to the other, keep both, close one and keep the other, or close both," he said. 5,000 people work between the two establishments.
Stellantis does not rule out closing one or even its two factories in Argentina. Herlander Zola, president of the automotive group for South America, said that he questioned the production costs in the country and warned that the opening of imports deteriorated the competitiveness of the local industry. “We have two plants in Argentina. Depending on the market, the rules and the competitiveness of the products, we can move production from one to…
The owner of the Stellantis group for South America, Herlander Zola, conditioned the continuity of production in El Palomar and in Córdoba to the market and the rules of play: between the two complexes 5,000 people work.
The regional president of the automobile that controls Fiat, Peugeot, Citroën and RAM warned that it could abandon national production in the face of the loss of competitiveness, the advance of imported vehicles and labor costs. The warning hits the government of Javier Milei in the middle of a fall of 16.9% in the manufacture of vehicles [...]
The group analyses different scenarios for its two Argentine factories, as acknowledged by its president for South America, Herlander Zola. Loss of competitiveness vis-à-vis Brazil and the advance of imports complicated the industrial equation.
“We could move from one to the other, keep both, close one and keep the other, or close both,” Stellantis’ headline for South America, Herlander Zola, said. More than 5,000 people could be unemployed. Herlander Zola has been running the Stellantis automaker for South America for a year, replacing Emanuele Cappellano. It is the first executive born in Brazil in [...]
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