PARIS -- Renault said it was temporarily halting production at its seven factories in South America starting Wednesday.
Output will be suspended at Cordoba, Argentina; Curitiba, Brazil; Envigado, Colombia; and Los Andes, Chile. Some 9,000 employees will be affected.
Latin America is a key market for Renault, with 424,537 sales in 2019, a drop of 2.9 percent from 2018. Brazil is the group's fourth-largest market by country, with about 239,000 sales last year.
Renault also said its annual shareholders' meeting scheduled for April 24 will be postponed to a date "sometime in May or June."
