Market Brief
Mexico's Queretaro State to Reopen Automotive Industry at 60% Capacity, an Industrial Info Market Brief
Mexico's Queretaro state plans to gradually reopen more business, including the automotive industry, which will restart operations at 60% to 70% of its capacity
Released Friday, June 12, 2020
Mexico's Queretaro state plans to gradually reopen more business, including the automotive industry, which will restart operations at 60% to 70% of its capacity.
Queretaro's automakers expect to see a 30% to 40% reduction in annual production due to the COVID-19 pandemic. Analysts project a 21% drop in Mexico's car sales, which will lower production in the supply chain.
Industrial Info is tracking 67 automotive plants in Mexico's Queretaro state. Click here for a list, and see graph below for a breakdown by standard industrial classification (SIC) code.
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