The head of the chamber that brings together the component firms asked for “freedom seriously” and maintained that “there will be no economic rebound in 2024.” “Expectations are for 2025,” he said.
The auto parts sector centered on Association of Argentine Component Factories (AFAC) It is anticipated that activity will only begin to be reactivated in 2025. In that sense, he expects a 2024 “without an economic rebound no matter how much the dollars from the harvest come in.”
This is how he expressed it president of AFAC Norberto Tarantowho also expressed that although the sector “is used to being protected”, companies “They are not afraid of a commercial opening”. However, he requested that the State eliminate taxes that “put their foot down on the industry.” In that sense, he aimed mainly at Gross income and municipal taxes, which “cash down the entire chain” and are not paid by imported products.
Taranto spoke with a small group of journalists within the framework of the presentation of the next edition of Automechanika Buenos Aires 2024, which will take place from April 10 to 13, at the La Rural Fairgrounds. There, he asked himself about the current situation in the sector: “What company does not have a 40% loss? “It is a year to surf, because purchasing power is very low.” In March, the automotive market registered a drop of 36% in the month and 30% in the quarter.
The manager and owner of Taranto, a company dedicated to the manufacture of gaskets and seals, said that they maintain dialogue with the Government of Javier Milei. “We want freedom, but serious freedom”, pointed out about the tax situation, and recognized that payments to foreign suppliers are being met within the deadlines established by the libertarian administration. “Beyond the ways that I do not share, the path is the correct one,” said Taranto.
“SMEs have gone through difficult times and this has been going on for a year, since ‘Platita Plan’. There are companies that are not going to arrive, but they will be the fewest,” he said, and maintained that those who “are going to have it the worst are the employees.”
Regarding a possible labor reform, he was in favor and said that it must be clarified that “it is moving forward, it does not affect acquired rights.” “We are not asking for an Asian model of exploitation, and the unions understand that because they have more responsibility than ever,” he concluded.
About Automechanikawill feature more than 600 brands from 18 countries, there will be three international pavilions with companies from Turkey, China and Brazil.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
