Manufacturing

Mexico's president revs up car industry, wider economy

Mexico
Suppliers such as Yazaki will be ramping up as many U.S. auto assembly plants begin to restart production on Monday, May 18. Pictured is Yazaki's plant in Ciudad Juarez, Mexico. (Reuters)
AE
By:
ANTHONY ESPOSITO, DAINA BETH SOLOMON and SHARAY ANGULO
R
By:
Reuters
|
May 13, 2020 12:37 PM

MEXICO CITY -- Mexico could begin opening some automotive factories from May 18 under a government plan unveiled on Wednesday that loosens coronavirus restrictions and paves the way for U.S. car giants to ramp up output dependent on parts made south of the border.

Staying current is easy with newsletters delivered straight to your inbox.