The tire sector had a union dispute that lasted 5 months and involved more than 30 hearings between the union and the companies. The conflict was resolved after two companies announced that they would leave the country, the Minister of Economy, Serge Massa, warned that he was analyzing opening imports if there was no agreement, and that the union hold a vigil in the Ministry of Labor.
When analyzing the month-to-month evolution of auto parts production, the three main segments of the auto parts business, which are the vehicle production, parts exports and the independent replacement marketshowed positive trends.
In that sense, vehicle production increased between January and August by 29.5% compared to the same period in 2021, with 341,788 units manufactured.
when comparing august vs july a is verified 22.8% increasea result that was accompanied by the auto partssince this is the segment that has the greatest impact on the activity of the sector.
“Although the performance of the automotive complex was good during August, work continues in a context of strong logistical uncertainty due to the lack of certain suppliesboth due to external and domestic factors that affect the production lines of various terminals and their suppliers,” AFAC said.
The auto parts exportson the other hand, registered during the first eight months a increase which was located in 11.2% year-on-year.
For the market segment replacementwhen considering the sale of fuel as an approximate indicator of its level of activity, an increase was also observed for the period, which was located at 20% YoY.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
