Manuel Mantilla, CEO of Mercedes Benz Argentina: “What the dollars will bring to the country is to promote exports”

Manuel Mantilla, CEO of Mercedes Benz Argentina: “What the dollars will bring to the country is to promote exports”

In a hand in hand, he explained what he considers the automotive sector and the country in general need to improve the economic situation.

Journalist: What is your opinion of the theme of the Colloquium “give way to grow”?

Manuel Mantilla: Giving in is not losing, it is perhaps defining priorities. And together as a society, the private sector, the public sector, understand a growth path for Argentina, which for me is one of the keys to export, where the automotive industry plays an important role. In particular, our plant exports between 70 and 80% of our production to the United States and Latin America. We know that path, but we need certain macroeconomic and regulatory measures to be taken in order to promote that export, which is ultimately what brings the dollars to the country.

Q.: What are those measures that are needed?

MM: Tax measures, essentially.

Q.: A casualty?

MM: Different criteria, different application. That there are no taxes on production that is exported, for example. Be competitive with respect to other countries where there are plants. Our competition is perhaps not another brand, but another Mercedez Benz plant in another country. If other countries give better conditions to the plants they produce and export, we are at a disadvantage from a regulatory point of view. The competitiveness of the plant indoors is our responsibility, but outdoors it is a shared responsibility of the private and public sectors. We must create the conditions that put Argentina on the map from a competitive point of view.

Q.: How do you evaluate the latest changes on the different exchange rates and the import system?

MM: It is a transition that is being too complex. But we have a good dialogue with the Government and we are solving problems as they appear.

Q.: Is a price and salary agreement against inflation necessary?

MM: The issue of prices and wages is a bit of a chicken and egg story. But I think that reducing inflation is a process that is going to take a long time.

Source: Ambito

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