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Industry / Argentina

Fiat Reopens Vehicle Plant In Argentina

June 2008 | Company News Alert

After Argentina has shown clear signs of recovery from its 2001-02 economic crisis, car manufacturers seem to be resuming their business in the country. Italian car manufacturer Fiat has announced the reopening of its manufacturing plant in Cordoba, Central Argentina, to begin production of its Siena model from this year. An investment of US$300mn has been declared, of which nearly US$200mn will be invested in gear box production, with the remaining US$400mn to be allocated for auto

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