View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
August 1, 2016

Renault spending a further US$100m in Argentina

Renault Argentina is to spend US$100m in preparing its Santa Isabel plant in Córdoba for the addition of an unnamed new model. This is in addition to the US$100m announced in March 2015 for the production of Renault Sandero, Sandero Stepway and Logan models at the plant.

Renault Argentina is to spend US$100m in preparing its Santa Isabel plant in Córdoba for the addition of an unnamed new model. This is in addition to the US$100m announced in March 2015 for the production of Renault Sandero, Sandero Stepway and Logan models at the plant.

The announcement has been made as part of a repeat statement that the Alliance will be spending U$600m at Santa Isabel on a new range of Nissan-based pick-up trucks for three brands: Nissan (NP300 Frontier), Renault (Alaskan) and Mercedes-Benz (GLT-Class is expected to be the model name). The project has the capacity to produce 70,000 units a year and is expected to generate up to 1,000 direct jobs and 2,000 indirect jobs. The Nissan enters production in 2018, followed by the Renault and then the model for Daimler by the end of the decade.

The three trucks will also be built in the Nissan plant in Barcelona for European and other markets, excluding North America. The Spanish plant will produce about 120,000 vehicles annually for the three partners.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto