Audi plant in Mexico remains open amid dispute over debts By Reuters

Audi plant in Mexico remains open amid dispute over debts By Reuters


4/4
© Reuters. FILE Photograph: Workers perform at an Audi Q5 2. production line of the German vehicle manufacturer’s plant during a media tour in San Jose Chiapa

2/4

MEXICO City (Reuters) – A Mexican car plant belonging to German carmaker Audi (DE:) continues to be open up and did not near following a dispute above unpaid expenses on Friday, as was described by community media, an formal with the business informed Reuters on Saturday.

The plant is located in the central state of Puebla. Media experienced documented that officials from the regional municipality shut the facility just after many several hours of failed talks to take care of a dispute in excess of an alleged 90 million pesos ($4.3 million) in outstanding debts on objects which include area residence taxes and h2o costs.

“There was by no means any closure,” claimed Christine Kuhlmeyer, a communications official with Audi Mexico.

She stated she could not remark on the precise sum of any fantastic debts, and claimed plant representatives would be chatting with condition authorities on Monday.

“There ended up attempts like what’s been reported in the news, but they weren’t ready to close the plant,” she said. Friday night and Saturday morning perform shifts were being not interrupted, she added.

Audi is the luxury motor vehicle unit of Europe’s largest carmaker, Volkswagen (DE:).

Disclaimer: Fusion Media would like to remind you that the data contained in this internet site is not essentially true-time nor precise. All CFDs (stocks, indexes, futures) and Forex trading rates are not delivered by exchanges but somewhat by sector makers, and so selling prices could not be exact and may well differ from the true industry price, meaning selling prices are indicative and not correct for buying and selling reasons. Therefore Fusion Media doesn`t bear any duty for any trading losses you may well incur as a end result of applying this information.

Fusion Media or any one concerned with Fusion Media will not accept any legal responsibility for decline or injury as a end result of reliance on the details together with knowledge, offers, charts and invest in/offer signals contained in this web page. You should be fully informed with regards to the challenges and charges related with investing the financial marketplaces, it is 1 of the riskiest financial commitment forms feasible.





Source connection