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Montevideo, May 2nd 2024 - 10:04 UTC

Tag: TI Fluid Systems

  • Wednesday, February 22nd 2023 - 11:00 UTC

    British maker of autoparts closes Argentine business

    TI Fluid Systems will halt production on Feb. 28 and cease all operations by April 30

    A British maker of auto parts is closing its plant in Victoria in the province of Buenos Aires on the northern outskirts of the country's capital due to the “serious economic situation” the South American nation is going through, it was reported. The sector is particularly affected by foreign exchange restrictions which render inputs unattainable.