October 25, 2014
UIA's Méndez warns manufaturers 'have nothing to celebrate'
As manufactures mark today the Industry Day, head of the Argentine Industrial Union (UIA) Héctor Méndez said the sector has “nothing to celebrate” as he renewed his criticism of the anti-hoarding law sponsored by the federal government.
“Today’s is a Day of Industry of huge sadness (…) the UIA does not celebrate anything, we will put everything forward to the end of the year. Conditions are not ripe, today there is nothing to celebrate,” Méndez told reporters this morning.
Queried about the Kirchnerism-fueled anti-hoarding law, the UIA leader warned manufacturers will “resist it till the end.”
“We will not accept it, we will resist it till the end,” he affirmed and fired back at statements by President Cristina Fernández de Kirchner who yesterday said automakers were “keeping cars hidden.”
“I am certain that (the automotive sector) is going through a very difficult time,” Méndez considered describing the president’s position a “senseless combat.”