Toyota, Nissan, and Honda will resume operations in Mexico after the coronavirus lockdowns
Japanese car manufacturers Toyota (TM), Nissan (NSANY), and Honda (HMC) announced on Tuesday that they would gradually resume operations in Mexico as the country’s automobile industry reboots are in line with a more extensive economic restart, regardless of high numbers of new coronavirus cases.
Mexican officials stated in mid-May that the car manufacturing industry could exit the virus lockdown before June 1 if there’s an approval that safety measures were in place.
Mexico has recorded 68,620 total infections and 7,394 deaths because of the virus outbreak since February. Puebla’s government, where Volkswagen (VOWG_p.DE) and luxury brand unit Audi (NSUG.DE) have major plants, stated on Friday that conditions “do not exist” for the automobile industry to restart.