GM to invest $450M in Argentina
25 October 2012
General Motors will invest $450 million between 2013 and 2015 to expand its Rosario Automotive Complex to build an all-new global Chevrolet vehicle, Chairman and CEO Dan Akerson said Wednesday.
Akerson was joined by Argentina President Cristina Fernández de Kirchner; GM South America President Jaime Ardila; and GM Argentina President Isela Costantini.
GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011. The upcoming expansion of the plant will allow GM Argentina to add new vehicles for export and to continue refreshing the Chevrolet vehicle portfolio for dealers and customers in Argentina.
This new model to be based on a global platform will run in addition to the models we are currently manufacturing in our plant and will allow us to supply the regional and domestic market with even more high-quality, high value Chevrolet products.—Isela Costantini
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