Car Factory Closes in Costa Rica

©image: Michi1308

The United States automotive crisis and the consequent decline in demand for high-tech devices that the plant would have made forced Continental AG to close the factory that had not yet begun operations.

"The situation is quite unfortunate. They are talking about suspending operations, not leaving, in the hope that if the economic situation improves in two years, they will evaluate Costa Rica to supply the US market," Gabriela Llobet, CINDE director, told Nacion.com.

Source: Nacion.com

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