At least three major automakers - General Motors, Hyundai, and Stellantis (owner of Fiat, Jeep, Peugeot, and Citroen brands) - will suspend production lines and give collective vacation to employees from Monday, 20.
The reason is the drop in sales recorded this year and the prospect of a slowdown until next year.
Analysts from Bradesco's Economic Research and Studies Department project a slowdown in the automotive sector until 2024, according to a study published by the newspaper O Estado de S. Paulo.
The suspension of production affects factories of some vehicles and will last at least two weeks.
This Monday, Hyundai . . .
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