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Zorro

(15,740 posts)
Mon Oct 6, 2014, 09:52 PM Oct 2014

Venezuela auto production plummets 82% in 2014

Venezuela's automobile production plummeted 82 percent in the first three quarters of 2014, a casualty of the shortage in imported materials, an industry group said in its monthly report Monday.

This year has been called the worst ever for Venezuela's automobile industry by spokesmen from automakers as well as union representatives.

As of September, the total number of vehicles produced was 10,286, less than a fifth of the 58,073 vehicles sent from assembly lines between January and September 2013, the Automotive Chamber of Venezuela reported.

Two companies, truckmaker Mack and automaker Chrysler of Venezuela, have not produced any vehicles for the past five months.

http://news.yahoo.com/venezuela-auto-production-plummets-82-2014-212805477.html

Long live the Bolivarian Revolution!

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