Argentina

The government-sponsored low cost loan scheme (introduced in December) and the more recent 'Buy a Car 0 Km' plan introduced in May have failed to lift enthusiasm among car buyers... 2009-11-23

News: German automaker Volkswagen (VW) is planning to begin production of its new Amarok pick-up truck in Argentina before the end of 2009. The truck will be produced at the automaker's... 2009-11-02

Autos production in Argentina inched up 1.3% month-on-month (m-o-m) to 47,824 units in August this year, taking the 8M09 cumulative production to 291,149 units, down nearly 28.5%... 2009-09-25

Argentina's car and parts makers plan a trade mission to Venezuela to boost sales. The delegation, headed Argentine President Cristina Fernandez, hopes to capitalise on tensions between... 2009-08-06

The European Investment Bank (EIB) will provide EUR170mn (ARS917.8mn) to Volkswagen (VW)'s Argentina subsidiary. The funding is a part of EIB's broader EUR3.8bn lending mandate for... 2009-07-29

New car sales in Argentina increased by 9% month-on-month (m-o-m) to 43,802 units in June, according to estimates from the Asociacion de Concesionarios de Automotores (Acara). The... 2009-07-06

French carmaker Renault has revealed plans to invest ARS500mn (US$128mn) in Argentina between 2009 and 2011. Renault is the fifth largest carmaker in the country, with a market share... 2009-06-24

Argentine president, Cristina Fernandez, has announced that it will be providing US$70mn (ARS261.9mn) to the local subsidiary of US carmaker General Motors (GM). The loan will be... 2009-06-05

The Argentine subsidiary of US giant Ford Motor is to dismiss 330 employees from May 1, according to local news sources. Ford Argentina operates a plant in General Pacheco, Buenos... 2009-04-14

News: According to AP, Argentina's Automakers Association has revealed that car sales declined 39% in January 2009 compared to same period last year, due to worldwide financial crisis.... 2009-02-09