Around 42,000 auto-related workers have lost their jobs in the Mexican manufacturing and assembly sectors up to mid-March 2001, according to INEGI, the country’s statistics institute.

A Chrysler assembly plant closure in Distrito Federal cost 2,600 jobs and a DaimlerChrysler closure in Coahuila cost almost 24,000.

Goodyear Tyre and Rubber are laying off 8,000 staff as sales contract by 20 percent and motor group Dina is cutting between five and 10 percent of its workforce.

At least 42,000 jobs are expected to go across the Mexican autos sector as DaimlerChrysler, Ford and General Motors announce production cuts.

To view related research reports, please follow the links below:-

Mercosur’s Automotive Industry – Challenges and prospects to 2005

Global Car Forecasts to 2005