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11/11/17
Pacheco / Wolfsburg
Company

South America strategy: Volkswagen invests €560 million at plant in Argentina

Volkswagen investiert 560 Mio. ? in den argentinischen Standort Pacheco und ein neues SUV für den südamerikanischen Markt: (v.l.n.r.) Hernán Vázquez, CEO von Volkswagen Argentinien, Volkswagen CEO, Dr. Herbert Diess, Gouverneurin María Vidal, Argentiniens Präsident Mauricio Macri und Pablo Di Si, CEO der Volkswagen Südamerika-Region, verkünden die Investitionen im argentinischen Volkswagen Werk Pacheco
  • New SUV model for South America to roll off assembly line at Pacheco plant from 2020
  • Volkswagen brings further momentum to global SUV offensive
  • President of Argentina, Mauricio Macri, is guest at Volkswagen plant
  • CEO Diess: "South America and Argentina play an important role in growth for the Volkswagen brand"

Volkswagen is investing some €560 million over the next five years in the production of a new SUV in Pacheco, Argentina. From 2020, the plant will deliver the new model built in Argentina to the entire South American continent. The new vehicle project will create some 2,500 jobs. Volkswagen is thus bringing further momentum to its South America strategy.

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