Friday, May 29, 2020

Automotive industry in Mexico commits to accelerate reopening of activities

In a statement sent by the Mexican Association of the Automotive Industry, said sector recognized the government’s effort to consider it an essential industry during the health emergency. Faced with the global economic uncertainty caused by COVID-19, the automotive industry pledged to immediately expedite the resumption of its activities in Mexico and boost the country’s economy, all with the support of the Mexican authorities. In a statement sent by the Mexican Association of the Automotive Industry (AMIA), the sector recognized the government’s effort to consider them an essential industry during the pandemic, in addition to their openness to dialogue.

The sector represents 3.8 percent of the national Gross Domestic Product (GDP) and 20.5 percent of GDP in the manufacturing sector, in addition to being a relevant actor in the application of the new Free Trade Agreement between Mexico, the United States and Canada ( T-MEC). “Mexico begins today an unprecedented stage in its history. The automotive industry wants to maintain and increase its role as a relevant player for social development in the country. Therefore, we will continue promoting an open and transparent dialogue with the authorities, in order to promote concrete comprehensive solutions that allow us to counter the impacts of COVID-19, “said the association.

He states that he will seek to stimulate employment in the sector that today represents an activity for just over 980 thousand Mexicans and promote education and social welfare for Mexican families, which together are about 3.5 million people who directly depend on the sector .

While Miguel Elizalde, president of the National Association of Producers of Buses, Trucks and Tractor-trucks (ANPACT), thanked that the importance of the sector for the social development of the country is recognized. “Thank you for recognizing that vehicle manufacturing fulfills a social welfare function for Mexico,” he said.

Source:El Financiero


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