Photo: dojobear.blogspot.com
GM officials have announced that they will be investing some €350- ($450-) million in the Rosario Automotive Complex, located in the Santa Fe region of Argentina. The investment will be used to expand the capacity of the plant, as well as retool it, in order for it to be ready for the new model.
It will reportedly be underpinned by a global platform, but what we do know is that it will wear a Chevrolet badge, and that it will be of ‘high quality’ and ‘high value’. Information on whether this new model would be exported outside South America has not yet been provided, so it may very well end up in the US, and even Europe.
GM CEO, Dan Akerson, said: "We are pleased to be making this investment in Argentina, which remains a very important market for us [. . .] We have a long, proud history here dating to 1925 and our latest investment is certainly good news for our GM Argentina employees, our extensive dealer and supplier network and the local economy." The new model is set to make its debut in 2015 or 2016.
GM CEO, Dan Akerson, said: "We are pleased to be making this investment in Argentina, which remains a very important market for us [. . .] We have a long, proud history here dating to 1925 and our latest investment is certainly good news for our GM Argentina employees, our extensive dealer and supplier network and the local economy." The new model is set to make its debut in 2015 or 2016.
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