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CARACAS:Toyota is halting production at its only assembly plant in Venezuela because the world s largest automaker lacks the hard currency to import parts due to government controls, a factory official said. The temporary shutdown of the Japanese car maker s operations in the western city of Cumana is to commence February 13 and last at least six weeks. We are going to close initially for 45 days in hopes that we will be granted the foreign currency needed to import auto parts, a source in Toyota Venezuela s management said. The plant produced nearly 9,500 vehicles in 2013. Venezuela is only providing dollars at the official rate of 6.3 bolivars to the dollar to importers of designated priority goods. Many companies have complained Caracas is not providing them with enough h dunk nike store ard currency. The currency controls have led to shortages of a air max uomo wide range of basic necessities and fueled an inflation rate that reached 56.2% last year.Published in T adidas campus 00s he Express Tribune, February 9th, 2014. Likeč˝B PARIS:Novak Djokovic will hope to shake off a freak head injury and get h new balance damen is bumpy season stanley products back on track at nb zapatillas the French Open, where the out-of-form Serb faces a daunting task to defend his title and retain his world number one ranking.
CARACAS:Toyota is halting production at its only assembly plant in Venezuela because the world s largest automaker lacks the hard currency to import parts due to government controls, a factory official said. The temporary shutdown of the Japanese car maker s operations in the western city of Cumana is to commence February 13 and last at least six weeks. We are going to close initially for 45 days in hopes that we will be granted the foreign currency needed to import auto parts, a source in Toyota Venezuela s management said. The plant produced nearly 9,500 vehicles in 2013. Venezuela is only providing dollars at the official rate of 6.3 bolivars to the dollar to importers of designated priority goods. Many companies have complained Caracas is not providing them with enough h dunk nike store ard currency. The currency controls have led to shortages of a air max uomo wide range of basic necessities and fueled an inflation rate that reached 56.2% last year.Published in T adidas campus 00s he Express Tribune, February 9th, 2014. Likeč˝B PARIS:Novak Djokovic will hope to shake off a freak head injury and get h new balance damen is bumpy season stanley products back on track at nb zapatillas the French Open, where the out-of-form Serb faces a daunting task to defend his title and retain his world number one ranking.