Public investment 1.55 billion expansion of Argentina gearbox factory productivity
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Integrated foreign coverage, Germany automobile manufacturers mass (volkswagen AG) recently announced that the public will invest $ 1.55 Argentina in their implementation capacity expansion gearbox factory.
Volkswagen, Volkswagen Argentina gearbox factory capacity will be increased on the basis of 35 million units (27%), to 130 million units. Preparations for the mass production expansion is expected to be in 2012, 6 months ago.
The public also indicated that the implementation of the expansion, Volkswagen Argentina branch of export revenues will increase 1.3 billion.
In addition, the public also committed priority will be given to local purchases from Argentina gear box parts.