TradeNotablePartialDeveloping
5.4
Argentine automakers tie worker flexibility to Chinese import threat
ClarínLO·AR · CN·about 12 hours ago
Crucero del Norte, a 77-year-old Argentine long-distance bus company, has suspended all routes across its brands (Crucero del Norte, Turismo Parque, Crucero del Sur, Crucero del Este, Expreso Río Paraná, Expreso Paraguay) and owes wages. Workforce has shrunk from 1,200 to 390 workers since the start of the year, indicating a severe financial collapse. The suspension disrupts regional transport connectivity, particularly in northeastern Argentina and cross-border routes to Paraguay, and signals broader economic strain in the transport sector.
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