Argentina · Country watch
Stellantis Halts Production; Severe Weather Alerts
Stellantis pauses production in Córdoba amid demand drop; severe weather alerts issued for 11 provinces.
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In this briefing Servicio Meteorológico Nacional · Stellantis · Ferreyra plant · Banco Nación · Central Bank of Argentina
Regulation
Nothing significant reported today.
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Severe weather alerts for 11 Argentine provinces
The Servicio Meteorológico Nacional has issued orange and yellow alerts for severe weather across 11 provinces, including Misiones, Corrientes, Chaco, Mendoza, Neuquén, Río Negro, and Chubut, reports La Derecha Diario. The alerts warn of intense rainfall, hail, and winds up to 90 km/h. Neuquén and Río Negro could see up to 100 millimeters of rain. These conditions pose risks to logistics and transport operations in affected areas.
Impact Logistics and transport firms face disruptions due to severe weather in 11 provinces.
Sources: La Derecha Diario ↗, Cronica ↗, La Gaceta ↗
Companies
Stellantis halts production in Córdoba for 7 weeks
Stellantis will halt production at its Ferreyra plant in Córdoba for seven weeks starting December 1, according to Perfil.com. The suspension affects the manufacturing of Fiat Titano and RAM Dakota pickups due to declining local and export demand. Production is set to resume on January 18, with the Fiat Cronos continuing as usual. This decision reflects broader challenges in the automotive sector, as demand for certain models wanes.
Impact Automotive suppliers and logistics firms face reduced activity due to Stellantis's production halt.
Sources: Perfil.com ↗, Infobae ↗
Markets
Argentine peso hits new nominal low against dollar
The Argentine peso has reached a new nominal low, with the official rate at $1,550 per dollar at Banco Nación, according to Perfil.com. The blue dollar remains stable at $1,560, and the gap between the official and blue rates has narrowed to 2.5%. The peso's decline comes as the Central Bank continues to buy foreign currency, while futures contracts suggest further depreciation by year-end.
Impact Importers and firms with dollar-denominated debts face increased costs as the peso weakens.
Sources: La Gaceta ↗, Perfil.com ↗
Trade
Nothing significant reported today.
Politics
Nothing significant reported today.
Also today in Argentina
- Dólar hoy: a cuánto cotizan el blue, el MEP y el oficial — Cronica
- El dólar define el rumbo de los mercados hacia el cierre de 2026 — El Economista
- EN VIVO | Bloqueos, accidentes y manifestaciones hoy 23 de octubre: se presenta cierre vial en alcaldía Coyoacán — Infobae
- Francia se pertrecha para las marchas de este sábado: se agotó el gas pimienta y los comerciantes se blindan ante posibles saqueos — Infobae
- ¿Por qué la caída del déficit comercial de autopartes no es una buena noticia? — El Economista
- ¿Riesgo Javo o riesgo Kuka?: qué explica la suba del riesgo país y qué dicen los números — Ambito.com
- El Ministerio de Salud reforzó la vigilancia epidemiológica y la prevención del dengue en todo el país — Cronica
- Impactantes hechos policiales registrados en Mendoza en las últimas horas — Cronica
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
The same day elsewhere
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- Canada: Parcs Canada Layoffs, Trump Reduces Tariffs
- Colombia: Budget Cuts, Presto Saved, Casanare Bombing
- Germany: IG Metall Ultimatum to VW, BASF Raises Evonik Bid
- Spain: Orange Security Issue, Seat Production Halt, Shamonda Alert
- France: Moody's Downgrade, Storm Austen Hits, Protests Loom
- United Kingdom: Storm Austen Hits Power, UK Deregulation Drive
- Indonesia: Rupiah Weakens, Gas Export Threat, IPO Pipeline Grows
- Israel: Netanyahu Warns of Sanctions, IDF Drill Planned
- India: Swiggy Shares Plunge, Gujarat Bureaucracy Shifts
- Iraq: Oil Price Rise, Volvo Job Cuts, Gold Price Drop
- Iran: Hormuz Traffic Halted, Forex Reserves Stable
- Italy: Sicily Earthquake, Truckers' Blockades Lifted
- Jordan: Karak Security Tightens, Gold Prices Drop
- Japan: Typhoon Hits Okinawa, Japanese Inflation Rises
- Kenya: Election Bill Passed, Lamu Refinery Concerns
- South Korea: Seoul Boosts Halloween Safety, Hana Financial Profits Rise
- Lebanon: Lebanese Exports to Gulf Drop, Central Bank Reserves Rise
- Morocco: Government Program Approved, Wage Demands Rise
- Mexico: Peso Hits 13-Month Low, National Transport Strike Looms
- Malaysia: Sarawak Assembly Dissolved; Klang Flash Floods
- Nigeria: Ebola Fund Scrutiny, JPMorgan's Banking Move
- Netherlands: Storm Austen Hits, Albert Heijn Cyber Investigation
- Poland: Fuel Prices Adjust, Ministerial Resignations Impact
- Portugal: Taxi Fare Rules Change, Student Protests Disrupt Schools
- Russia: Russia Holds Key Rate, Central Bank Forecasts Higher
- Senegal: Senegal's Urgent Building Audit, Budget Blocked
- Syria: Syria's Financial Reconnection, Israeli Protests
- Turkey: Istanbul Road Closures, Turkey-Canada Trade Talks
- Ukraine: Kyiv Power Cuts, Black Sea Tensions, Export Talks
- United States: AI Stocks Plummet, Metrolink Disruption, Embassy Scare
- Vietnam: Vietnam Eases Investment Rules, Power Supply Measures
- Yemen: Taiz Siege Worsens, Heavy Rain Forecast
- South Africa: Oil Prices Surge, KZN Election Violence Concerns