Due to the lack of dollars, 33 auto parts companies started in May without being able to guarantee parts to auto manufacturers

At the start of the new moon, 33 automobile parts companies providing local transport terminals are left without the possibility of immediate access to Dollars from the Central Bank to pay for their import inputs.

Nothing prevents them from continuing to import outside of that quota. But BCRA will only sell them their dollars at the official price in six months.

According to the two chambers that group companies in the sector, ADEFA (vehicle terminals) and AFAC (automobile parts), for that reason the 33 automobile parts companies in question ”they can no longer continue to supply to terminal companies ”.

The reason? “Did not accept of their foreign suppliers the changes in commercial conditions (within six months) that they had prior to the communication A 7466 “, said the note sent by the two business entities to the head of the Central Bank, Miguel Pesce. It was a reserved note, but it was leaked to the media on Tuesday. An important fact is that it is also signed by Ricardo Pignanelliowner of the Smata guild and reference to PJ.

What established BCRA communication A 7466 another corral more for dollars. Industries that require official dollars to pay for their imported inputs have automatic access the same amount they asked for last year, plus a 5% bonus. If they need extra dollars, must wait six months.

But for automotive parts companies, that quota sold out na po in the case of 33 companies. This was detailed by ADEFA and AFAC in the note they sent to Pesce. And they warned of that 14 more companies will run out of quota between this month that starts and the next. So the good news of having more production and more jobs is halfway therebecause they ran out of the dollars needed to finance their working capital.

Of the 47 companies, 13 are multinational (two are Brazilian, the others are mostly from Europe and the US) and the others They are from the local capital.

“We are up to date on production. But it is an effort to meet the volume of production in Argentina, ”he said. Martin Zuppihead of FCA Argentina, Fiat’s “branch” of the brand new automaker Stelantis.

Zuppi led a launch party on Wednesday night for a new model that Stellantis has started importing from Brazil, the Fiat Pulse. The celebration is at full pace, in the Telefé building, and there are no reasons: A national car, the Fiat Cronos, tops the list of best sellers in the domestic market. Stellantis is the global merger between Fiat Chrysler and Peugeot Citroën, and in Argentina it controls both the Fiat factory in Córdoba and the Peugeot factory in El Palomar. Now, those two plants aims to produce 160,000 units, very little behind the leading Toyota. But the lack of dollars crossed the festival.

“We are working across the board with all the players: suppliers, the government, the union, to find the solution to the problem. We believe that going forward we may have some kind of deficiency if it continues, “Zuppi added.

At Renault they are also looking at the horizon with concern.

“All companies are trying to increase the level of local production and the least we will need is to hire people and then no components to assemble the vehicles“, he said Paul Sibillathe Argentine executive who heads the local subsidiary of the diamond brand.

Pesce’s note not only had a lot of media impact but also generated a small earthquake within the government. The Deputy Chief of Staff, George Nemecame out this Friday to warn that they will face mediation between the industrial claim and the BCRA’s task of safeguarding the dollars.

“It’s key that automobile parts companies have dollars to feed the production chain of the automotive industry, ”Neme said on Friday, via radio.

Within ADEFA the issue is strictly observed. “Even those who say they are up to date, inside the door they admit they have a problem. All automakers have made a mark of supplier companies that will stop fulfilling orders, ”said a manager who attends meetings of this entity each week.

The list

According to notes from the Association of Automotive Manufacturers (ADEFA), Association of Autocomponent Manufacturers (AFAC) and Mechanics Union (Smata), the companies are left or just a few weeks away from leaving without immediate access to dollars. of the BCRA are as follows:

. April: Ardient Automotive Argentina, Australtub, BAC, Moura Batteries from Argentina, CGR, Coinsa, RG Driver, DynaHertz, Alfa Electromechanics, Favicur ICSA and Felsim. Also among the sold out that is Ferrosider, Fremec, Fumiscor, Gestamp, Gonvarri, Griffo, Plastic at Metallurgical Alba, Hardbat, Maro, L’Equipe Monteur at Maxium Montich.

. The April list closes at Natalia Vanesa Vaccaro, Netso Industrial, Oleohidráulica Tecnicor, PABSA, Pirelli, Proma, Quimica True, Rubol, Springhausen, UNE at VMG.

. May: Autoventures, FAMMA, Faurecia Escapes, LV Spada, Limido Adrián Alejandro, Metalúrgica Rual and Taller Baigorria.

:. June: High. CGR, Alfa Boards, Illinois Boards, Mirgor, Sogefi Filtration and TI Automotive Argentina.