Venezuela’s government has ordered Mitsubishi Motors Corp to reopen its shuttered car assembly plant.
Go deeper with GlobalData
The government pronouncement is an apparent about-turn on a ‘hands off’ stance that the government had recently adopted.
Venezuela’s labour ministry instructed the company to “restart productive activities” at its plant in the eastern city of Barcelona.
MMC Automotriz, a subsidiary of Mitsubishi, shuttered the eastern Venezuela plant on Monday, citing “high level of absenteeism, disobedience, aggression and lawlessness of some of the workers.”
The plant also assembles Hyundai cars.
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
