Iveco suppliers are worried about the drop in production

CÓRDOBA.- The fall of Iveco production worries about 50 small and medium-sized businesses that are suppliers to the heavy truck factory in Ferreyra. Accompanied by the provincial authorities, the metallurgists met the Minister of Production, Dante Sica; Secretary of Industry, Fernando Grbado, and Productive Integration, Fernando Prémoli.

Two months ago, the company announced "a productive adaptation in its factories to adapt to the current reality of the truck market in the country". ", so he implemented" a system of paid suspensions and voluntary withdrawals. "

Eduardo Borri, president of the Chamber of Metallic Industries of Cordoba, pointed out to the nation that expectations are bleak, because the company has raised suppliers a drop of nearly 45% of its production for this second semester. "They would rise from about 400 units per month to about 200."

The Secretary of Industry of Cordoba, Pablo De Chiara, pointed out that there are two problems which have a strong impact on the factory – the diagnosis shared by Sica – on the one hand, the lack of funding that slows exports and, on the other hand, the competitiveness problems. " the industrial inputs, the cost is 30% higher than the Brazilians, "he said.

The local truck market would reach 17,000 units this year Iveco lost market share for brands producing in Brazil, such as than Ford, Volkswagen, Scania and Volvo.Of a 40% peak, it would now In the order of 24%

Sica badured them that it was working for the Brazilian Finame to also reach Argentine production, in the same way that local banks finance the imported goods.