U.S. assembly plant strike will cause a $76 million dollar blow to Mexico’s auto parts sector

According to INA, the strike at three American car assembly facilities that started on Friday might shorten the workweeks of Mexican manufacturing employees and result in a loss of 76 million dollars in production of auto parts in Mexico.

By stopping various operations in three plants on Friday, the UAW union in the United States declared the start of the strike.

Ford Assembly Plant in Wayne, Michigan; Stellantis Assembly Plant in Toledo, Ohio; and General Motors Assembly Plant in Wentzville, Missouri, are the sites in question.

The National Auto Parts Industry (INA) detailed that the decrease of $76 million dollars in the production of Mexican auto parts represents 0.1% of the exports made to the United States in 2022, for which it proposed a plan in case a reduction in working hours is required.

INA expressed sadness that no settlement has yet been achieved by the parties participating in the strike in the United States.

The auto components manufacturers’ organization concluded by stating that it was persuaded that conversation was crucial to the creation of agreements that would advance the automotive industry.

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