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GM is one of 12 companies building cars in Latin America’s third-largest economy. The automaker launched production of the popular Chevrolet Tracker in 2020 in Brazil and began exports to Argentina that same year.įor Argentina, boosting industrial exports would bring in much-needed foreign currency and shore up central bank reserves that have taken a hit from soaring inflation and exchange rate uncertainty. The company invested $740 million in the plant between 20.
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GM announced in 2017 it would invest $300 million in its Argentina operations to build a new Chevrolet model at its Alvear plant in Argentina’s northeastern Santa Fe province.
#CHEVROLET ARGEN UPDATE#
“The company’s goal is to export the new vehicle to other Latin American countries, mainly to Brazil and Colombia, where 80 percent of the production will be destined,” the Argentine government said.Ī GM spokesman said the meeting “was a good opportunity today to update the government of Argentina on the progress of this important program and the economic benefit it will deliver to the country.” Shilpan Amin, a GM senior vice president and president of GM Internationational, discussed production plans with Argentine President Alberto Fernandez in a meeting in Los Angeles, GM and the Argentine government said. automaker and the Argentine government said Wednesday. Vanaf dat moment produceert GM Chevrolet- sedans zoals de Corsa, Agile. (GM) will begin production of its Chevrolet Tracker SUV in Argentina next month, the U.S. General Motors de Argentina SRL 1 is de Argentijnse dochteronderneming van het.
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#CHEVROLET ARGEN PLUS#
The vehicle was replaced by the Chevrolet Onix Plus.Chevrolet Prisma sales decreased 80 percent to 2 units.Chevrolet Onix sales decreased 6.44 percent to 523 units.Chevrolet Equinox sales increased 575 percent to 27 units.Chevrolet Cruze sales increased 167.63 percent to 1,761 units.Chevrolet Camaro sales were flat at 0 units.Individual model sales performance was as follows: The figures place Chevrolet as the fifth best-selling automobile brand in Argentina during the month, behind Toyota, Fiat, Volkswagen and Renault. Chevrolet Argentina sales jumped 52 percent to 3,087 units in June 2022.