MEXICO CITY -- A few of Mexico's auto factories could must droop manufacturing within the coming weeks because the coronavirus disrupts shipments of key elements from China, in line with native officers, in what can be one other blow to the stagnant Mexican financial system.

Manuel Gonzalez, financial improvement minister of Aguascalientes, one among a dozen Mexican states which have automotive factories, mentioned some producers had already instructed him they have been working low on elements.

"I have been involved with some vital firms: They inform me that they've stock via the second or third week of March," Gonzalez instructed Reuters. "If that offer just isn't normalized, we'll in all probability see companies suspending manufacturing."

The fast-spreading coronavirus outbreak has rippled via the worldwide financial system and upended provide chains. Greater than 119,100 folks have been contaminated by illness and 4,298 have died, the overwhelming majority in China, in line with a Reuters tally.

If Mexican automakers have been compelled to droop manufacturing,...