Wednesday, December 6, 2023

They saw a “marginal” impact due to the US strike

The National Auto Parts Industry (INA) considers that the extension of the strike in the auto sector in the United States (US) will have a “marginal” impact on Mexico.

On Friday, the United Auto Workers (UAW) union announced the extension of the strike at 38 distribution centers for parts of General Motors and Stellantis, located in 20 states of the American Union, added to there has been a halt in car assembly activities. plants of Ford (Wayne, Michigan), Stellantis (Toledo, Ohio) and General Motors (Wentzville, Missouri).

“From the point of view of the INA, this new determination of the union will have, in the short term, a marginal impact on Mexico, since exports of auto parts to the United States are focused mainly on automotive industry in the terminal and not in the after-sales market,” he said.

Due to the above, he considered, this update does not change the INA estimate regarding the impact of the strike, so the production of auto parts throughout the country may show a further decrease of approximately 76 million dollars next week. represents a “minimum” percentage of Mexico’s auto parts exports to the US.

On September 19, the Canadian automotive union Unifor, which represents approximately 18,000 workers in the industry, successfully concluded contract negotiations with three automakers currently engaged in negotiations with the UAW union in the United States. United States, which will contribute to strengthening the stability of work and productivity in the automotive industry in North America, the INA said.

Reuters reported that US President Joe Biden will travel to Michigan tomorrow to discuss the strike by the United Auto Workers union against automakers in Detroit, according to a source familiar with the matter.

World Nation News Desk
World Nation News Desk
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