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From Villa Gesell (Buenos Aires) - Martín Zuppi, general director of FCA Argentina, announced today in the Jeep Off-Road Park of Route 11 the plans of the Fiat-Chrysler group for the coming years in our region. Zuppi analyzed the different variables of the Argentine automotive market, anticipated the arrival of new models and gave an opinion on the future of the industry. The most prominent paragraphs are reproduced below. * Automotive market: “We have in mind that 2020 will be a market similar to 2019, where we hope that a drop in the interest rate will allow consumption to revive. As much as we have a double dollar, the key to reviving the market will come from the side of lower rates. The internal tax distorted the offer a lot, but there are still products that remain competitive in dollars. However, we lack economic means, such as better financing conditions. And consumer confidence is still hit very hard. ” * Industry: “In 2019, at Ferreyra we manufacture 32 thousand Cronos. The plan for 2020 is to reach 40 thousand units. We continue with the development of the Cronos, looking for new versions or configurations, which allow us to deliver to the customer what they are waiting for. If Brazil has an expansion as a market, Cronos production in Córdoba will continue to grow. The sedan segment, in the Brazilian market, had some retraction. But we continue with an installed capacity in Córdoba over 120 thousand units per year, although producing for now in a single shift. ” * Import: “Export conditions change all the time and that does not allow long-term planning. It did not happen only with this government, but also with the previous one. 50% of our vehicle manufactured in Córdoba is imported. If we have problems importing parts, we will not be able to produce ”. * FCA-PSA Fusion: “We are not yet clear on how this alliance would be structured in Argentina. We have no guidelines or news at the moment. It is a merger and a process that will take at least a year. In the world there are so many car brands that it is natural that everything converges towards a global fusion. It is necessary to unify strengths. It is excellent news that companies merge. There can be only one plant, the two can live together, but it will generate good synergy and coexistence with suppliers. ” * Upcoming releases: “We have a very important project with the development of a Fiat SUV for Mercosur, which if everything goes well it would be presented in 2021. It will be positioned in Segment B. It would be manufactured in Brazil. Today we have no other plans for the Córdoba plant to continue producing the Cronos ”.

On January 5 of this year, the Mexican Football Federation (FMF) reported that it was investigating Jesús Gallardo for a video in which, while celebrating the title obtained with Monterrey at the 2019 Opening, he performs a homophobic song. Since then there was no response from Mexican soccer authorities on the case. However, this Tuesday, through a press release, the FMF announced the resolution of the investigation, in addition to the sanction for the player. In a few paragraphs, the Federation explained that the Disciplinary Commission conducted an investigation procedure for the events that occurred at the end of the corresponding meeting at the end of the opening of the 2019 Open tournament. He noted that "the player of the Monterrey team, Jesús Gallardo, made inappropriate celebrations", an action that violates articles 6, 10 and 11 of the FMF Code of Ethics. Given this, it was decided to sanction the player with a suspension in two games, so the game will be lost against Monarcas Morelia on Saturday and against Pumas on Sunday, January 26. In addition, you will have to pay an economic fine, of which you did not specify the exact amount. The investigation began after a video circulated in social networks in which the Mexican team also sings and dances to "insult" America. In the video you can see the player of “La Pandilla” sing the following song: “Rayados has no wife, Rayados has no husband, but he has a [CENSORED] son who dresses in yellow!”. This song emerged from La Rebel, the bar of the Pumas of the UNAM. Before playing for Monterrey, Gallardo belonged to the auriazules; Hence, he knows this club and has only modified the name of the teams. It is worth mentioning that neither the player nor the club has been mentioned about the penalty.

Mexico again showed its optimism regarding the ratification of the T-MEC, the trade agreement between Mexico, the United States and Canada that will replace NAFTA (North American Free Trade Agreement) on Tuesday, when it announced its enthusiasm for a possible vote in the US Senate this week. "As we advanced a few days ago, the ratification of the T-MEC in the plenary of the US Senate seems imminent: probably this Thursday," he said in his social networks undersecretary for North America, Jesús Seade. In addition, the main Mexican negotiator of the Agreement stressed that the ratification of the neighboring country of Mexico will come “with a huge bipartisan consensus, as there was in Mexico.” “Talk about the trust and commitment to the negotiated thing. The T-MEC goes!” he concluded. Last week, the US Senate finance committee approved the T-MEC with a large majority (25 votes in favor and three against), which included Democrats and Republicans. The legislators of that country, meanwhile, highlighted the work of President Donald Trump, who will point to a political victory when it is approved in plenary. “This day had been brewing for years. President Donald Trump executed an update of NAFTA. As a result, the entire country will benefit, ”said Chuck Grassley, the Republican senator from the state of Iowa who chairs the committee. "This modernized trilateral agreement will open new markets for US exporters, create hundreds of thousands of new jobs, grow the national economy and protect local workers," he added. "I hope the Senate will act soon and the final approval is just around the corner," he completed. However, it remains to be seen what happens this week in the Upper House of the country of the stars and stripes, since the committees of health, education, work and pensions, as well as the commerce, science and transportation committees are still missing; that of budget allocations; and that of foreign relations approve the agreement in commissions before sending it to the plenary. The meetings for this to happen are scheduled for tomorrow morning (local time), so it is expected that, once with the votes of the committees involved, the ratification is only a vote, that of the full Senate, of Approve definitively. Thereafter, it will be pending for Mitch McConnell, a Republican from Kentucky and leader of the Senate, to schedule the general vote.

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The creation of formal employment in Mexico during 2019 surpassed just 342,000 jobs, the Mexican Social Security Institute (IMSS reported on Sunday, of which more than 95% of the jobs are permanent), which meant the worst job creation in one of each. These data contrast with the creation of jobs in 2018. At that time almost 661,000 places were obtained. This year's creation is the worst since 2009, when the financial and economic crisis that stagnated all the world's economies occurred. These numbers were driven, according to IMSS, by the communications and transportation sector, with 5.6%, commerce with 2.4% and services for companies with another 2.4 percent. The states with the highest annual membership increase are Nayarit, Campeche and Querétaro, with percentages greater than 5 percent. They also stressed that the base salary for contributions of workers insured to IMSS reached an amount of 378 pesos, which represents a nominal annual increase of 6.7%, the highest recorded for a month of December of the last decade. In addition, the base contribution salary registered nominal annual growth of over 6% for the twelfth consecutive month. The Institute also provides social security to about 1.3 million people, including the more than 814,000 participants of the Youth Building Future Program, a job training grant for young people who do not study or work. In December, 15,193 people joined the Pilot Program of Household Workers, with an average monthly salary of 4,708 pesos. The IMSS also reported that in 2019 there was an annual growth of 1.7% in the pattern sector, with a total of 117,463 posts in the Institute of this type. Already last December it had been announced that Mexico's economic activity contracted 0.5% in October, compared to the previous month, in seasonally adjusted terms at the beginning of the fourth quarter, accentuating the stagnation in which the second year has been maintained this year Latin American economy. The fall in the General Index of Economic Activity (IGAE) equaled a contraction of 0.5% recorded in March and is the third negative reading in four months, according to data from the National Institute of Statistics and Geography (INEGI). (Photo: Cuartoscuro) (Photo: Cuartoscuro) By large groups of activities, primary schools decreased 1.6%, secondary schools decreased 1.1% and tertiary schools decreased 0.1%, during October compared to the previous month, the institute said. "We started the quarter badly, since the IGAE decreases -0.5% in October to be -0.7% below its level last year," central bank deputy governor Jonathan Heath wrote on his Twitter account. To this is added that the Mexican industry dragged 14 months of recession and since the second quarter of 2018 began a deceleration process “that did not have an adequate diagnosis”, warned just this week a study of the Institute for Industrial Development and Economic Growth (IDIC). The report, published in La Voz de la Industria, indicates the weakening of manufactures as the main cause of the phenomenon, since only three of its components show growth of more than 1% until November: electrical accessories and appliances (1.7%), food (2.8%) and petroleum products (9.9%).

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