Fiat has officially reopened its plant in Cordoba, central Argentina, and plans to make 600,000 cars a year there by 2010.

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The plant will employ about 4,200, according to local news service ANSA.


The plant stopped making complete vehicles after the Argentine economic crisis in 2001-2 and the employee count dropped from 4,900 to 600 making components only.


Fiat plans to boost daily production capacity from 250 to 400 with an initial annual output of 220,000.


Fiat plans $300m investment

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