* Government squeezes dollar supply to local assemblers * Some automobile models may have to be suspended * Car sector accumulates $2 billion in supplier debt By Eyanir Chinea CARACAS, April 30 (Reuters) - Every rush hour, Venezuela's cities come to standstill as gas-guzzling SUVs crawl along the traffic-choked highways of South America's top oil exporter. Yet despite the jams, the absurdly cheap subsidized fuel, and Venezuelans' well-known love affair with the automobile, new ...
Premium Content (PAID Subscription Required)
"ANALYSIS-Venezuela car industry gridlock as dollars run out" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.