General Motors has said it would temporarily shut down its Mexican auto plants for stretches of several days in March and April as recession-stricken consumers in the United States buy fewer cars.
Go deeper with GlobalData
GM, the largest car manufacturer in Mexico, will close its Silao and Toluca plants in central Mexico between 2 and 6 March, Reuters reported.
It will also close its Ramos Arizpe plant in northern Mexico from 9-17 March and again from 6-10 April.
Mexico sends most of its auto production to the United States.
Earlier this month, General Motors said it would lay off 600 workers at its Ramos Arizpe plant, the news agency noted.
GlobalData Strategic Intelligence
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
