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Financial News: ARGENTINA: Volkswagen Announces US$ 650 Million Investment

ARGENTINA: Volkswagen Announces US$ 650 Million Investment In The Country

11/10/2017 - 17:11:00 (RTTNews)

(RTTNews) - Argentinean President Mauricio Macri visited the Volkswagen automaker plant located in Pacheco while the company announced investments of US$ 650 million in the South American country.

The investment will allow greater flexibility for the production of new models, and ensure the sustainability of the plant for the coming years and the creation of more than 2,500 jobs.

In the framework of the presence of the head of state, Volkswagen announced new investments to modernize the technology and infrastructure of its plants.

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