October 25, 2014
Gov’t says auto industry suspensions are ‘transitory’
Cabinet Chief Jorge Capitanich said the suspension of workers in the country’s automobile industry are “transitory,” caused by a drop in external demand from Brazil. Asked about the 900 workers suspended yesterday in Córdoba province, he stressed that “suspensions are not lay-offs.”
“These are transitory matters,” Capitanich said to reporters in his daily press briefing at Government House. He expressed the government’s confidence that the situation will improve in the following weeks, after its efforts to support the industry with Procreauto credit-line and the auto-parts deal reached with Brazil.
“Suspensions can be solved with stimulus for the internal and external demand,” the Kirchnerite official stated.