Volkswagen to invest US$250mn in Argentina
Volkswagen is planning to invest US$250mn in Argentina from 2022-2026.
The amount will be used to continue the production of the Amarok medium-sized pickup - which is expecting a new generation soon – and the Taos SUV.
The investment will go toward building a new stamping line at the Pacheco industrial center which produces the two models for distribution in South America
"We will update it, modernize it and equip it with more security items so that it continues to be sold here and throughout Latin America," VW Latin America president Pablo Di Si said regarding the new Amarok.