Argentina said that German-U.S. automaker Daimler-Chrysler will invest US$50 million in its facilities in the country over the next two years.

ARGENTINA Argentina (ärjəntē`nə, Span. ärhāntē`nä), officially Argentine Republic, republic (2005 est. pop. 39,538,000), 1,072,157 sq mi (2,776,889 sq km), S South America. said that German-U.S. automaker Daimler-Chrysler will invest US$50 million in its facilities in the country over the next two years. Investments will help the company produce new trucking models for export to global markets.

COPYRIGHT 2005 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.

Reader Opinion

Article Details
Printer friendly Cite/link Email Feedback
Publication:	Latin Trade
Article Type:	Brief Article
Geographic Code:	3ARGE
Date:	Aug 1, 2005
Words:	37
Previous Article:	Acindar.(ARGENTINA)(plans to transfer control to Siderar and Siat)(Brief Article)
Next Article:	Camargo Correa.(to buy Loma Negra Compania S.A.)(Brief Article)
Topics:	Automobile industry Foreign operations Investments

Related Articles
The Loaded Sticker Price.(African American car dealer Mel Farr Automotive Group)
Kerkorian Continues to Cash in on His Hollywood Ties.(and is suing Daimler Chrysler)(Statistical Data Included)
Full speed ahead: Despite the economic slowdown the long-term future of Mexico's auto sector looks bright--as long as it can adapt to further...
2002: Year of transition. (On the Industry).(Brief Article)(Statistical Data Included)
Hope for ASR? (Scrap Industry News).(DaimlerChrysler Corp., Environmental Research and Education Foundation)(Brief Article)(Statistical Data Included)
Chrysler fights back: Dieter Zetsche has stopped the bleeding. Now Chrysler must go on the offensive in the most brutal auto market in history.(Cover...
Bridgewater interiors closes $400 million deal.(B.E.100s)(Brief Article)
When bitter rivals should team up: sometimes you ought to cooperate with the enemy.(THOUGHT LEADER)
Lasorta takes charge.(NOTABLE)
Zetsche's bluff: Zetsche's gamesmanship may be the best game of bluff he's every played as the investors get reeled into the game.(Insider)