Over the next three years, $300 million is set to be invested by GM itself, with the additional $200 million coming from the company’s supplier network.
The Argentinian auto industry is expecting production to increase later in the year, with a boost in the country's automotive sector.
Nissan confirmed during a meeting with Argentina’s president Mauricio Marci in Tokyo that it will produce vehicles in Argentina starting in 2018.
The automaker posted a market share of 6.5%, up by 0.3 point in the Americas.
TomTom (TOM2) has introduced its real-time traffic service in Argentina and Colombia, increasing the coverage in South America to four countries (after Brazil and Chile) and extending the global reach to 54 countries, the company announced.
As 2016 comes to an end, Global Fleet Management eNews looked back at the Top 10 news stories for the year based on popularity.
The Element-Arval Global Alliance has added RDA Renting as a new member, growing the world-spanning fleet management partnership to 50 countries.
Mercedes-Benz has debuted its Concept X-Class mid-size pickup that will be launched in late 2017 in markets, including Argentina, Brazil, South Africa, Australia with New Zealand, and Europe.
In the latest of its ongoing reports on market conditions around the globe, Automotive Fleet has zeroed in on one of the tumultuous automotive market regions in the world — South America.
The Enterprise Rent-A-Car brand will be offered to customers at main airports in the countries, and additional locations are planned.
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