Toyota says labor strife could force it out of Venezuela

Newswire

CARACAS, March 30 (Reuters) - The Venezuela division of Toyota Motor Corp said on Monday its continued presence in the country was "threatened" by chronic labor problems, highlighting the delicate state of Venezuela's auto industry. Venezuela's car manufacturers association last week said production could halt in April because of strikes and a lack of imported auto parts caused by bureaucracy in obtaining dollars through the government's currency control system. The problems highlight ...

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