The cause of this interruption in production is due to the fact that several foreign suppliers cut off shipments of inputs to Argentina. due to non-payment by the local subsidiary of the automotive company as a result of the restrictions on access to dollars that the Government established.
This is a problem that affects all importers who were forced to postpone payments abroad due to not being able to have foreign currency in a timely manner.
The automotive and auto parts sector is one of the most affected since it must finance its imports for terms of 180 to 360 days. This causes a debt of several billion dollars with suppliers and parent companies.
International suppliers had been anticipating that the supply of products would be cut off due to non-payment, but so far there had not been an interruption in shipments of such magnitude that it would force a terminal to stop activity for two weeks.
The company informed Ambit that “continues to work to rebuild the supply chain of several of the suppliers that have suspended the shipment of parts due to lack of payments abroad. GM reiterates its commitment to resuming its operations at its Rosario plant as soon as possible “. The missing components come from different markets, including Asian countries.
The models are produced in the factory on the outskirts of Rosario. tracker and Cruze. This last vehicle is at the end of its life cycle and before the end of the year it will definitively leave the assembly line, as Ámbito announced.
The decision of the American automaker joins other stops made by other terminals for different reasons.
For example, in recent times, Renault, Nissan, Stellantis and Volkswagen They suspended the activity due to parts supply problems or stock adjustments.
Source: Ambito
