15 JULY 2014en.mercopress.com
GM to manufacture aluminium engines in Argentina for local and export markets
Edited by : AL CIRCLE
1 min read
The announcement was made at a government event by GM president Dan Ammann and president of GM South America Jaime Ardila with Argentine Chief of Staff Jorge Capitanich and Industry Minister Debora Giorgi in attendance.
Argentina will be responsible for manufacturing a new Euro 6-certified aluminum engine. The plant will have an output of 90,000 engines per year, with 10,000 units going to the European Union annually.
In 2012, then CEO of GM Dan Akerson announced the company would invest 450 million dollars between 2013 and 2015 to expand its Rosario Automotive Complex in order to build a new Chevrolet vehicle for South America and other emerging markets.
The complex currently employs some 2,800 people and produces seven models. Production at the new factory is to start in 2017 and aims to reach 140,000 motors a year.
General Motors suspended production in Argentina in 1978, but returned in 1997. It plans another motor factory on Mexico.
Argentina will be responsible for manufacturing a new Euro 6-certified aluminum engine. The plant will have an output of 90,000 engines per year, with 10,000 units going to the European Union annually.
In 2012, then CEO of GM Dan Akerson announced the company would invest 450 million dollars between 2013 and 2015 to expand its Rosario Automotive Complex in order to build a new Chevrolet vehicle for South America and other emerging markets.
The complex currently employs some 2,800 people and produces seven models. Production at the new factory is to start in 2017 and aims to reach 140,000 motors a year.
General Motors suspended production in Argentina in 1978, but returned in 1997. It plans another motor factory on Mexico.
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