Autos

Mexico to reopen auto factories, helping US carmakers struggling to recover from coronavirus shutdowns

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An employee installs the rear passenger door on a test frame for a Volkswagen AG Tiguan compact sport utility vehicle inside the company’s production plant in Puebla, Mexico.

Susana Gonzalez | Bloomberg | Getty Images

As automakers prepare to restart U.S. manufacturing, potential parts shortages south of the border appear to have been diverted.

 Some Mexican auto factories are due to open as soon as Monday, in line with large U.S. assembly plants for the Detroit automakers. Mexican President Andres Manuel Lopez Obrador is expected on Wednesday to lay out a road map for the country to reopen its economy, with a focus on the automotive sector, according to Reuters.

Despite President Donald…



Source cnbc.com

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