Renault
Argentina is to invest USD100 million in the production of these models. The
investment plan covers the development of a local supplier network, as well as
the modernization of the factory’s equipment and tooling. Production of these
models is scheduled to begin mid-2016.
Renault
Argentina’s CEO Thierry Koskas took advantage of the 60th anniversary
celebrations of its Santa Isabel facility in Cordoba to announce the investment
of USD100 million (€92 million) in the accommodation of a new vehicle platform
and to provide the factory with the necessary equipment to manufacture the Renault
Logan, Sandero and Sandero Stepway.
The
addition of this new platform will guarantee the continuing production of
Renault vehicles in Argentina. The platform will also allow Renault Argentina
to add new models to its production plan in the medium and long terms.
“Argentina
is a key location for the Renault group as far as the development of its
production strategy and sales growth in the Americas region is concerned. The
aim is to maintain this expansion and also reinforce the brand’s footing in the
country,” said Thierry Koskas.
Starting
today, and over a period of 20 months, Renault will deploy its investment in
five key areas, namely the development of its network of local suppliers for
the production of parts these models’ assembly and the production of new parts
(seats, bumpers, exhaust and brake systems, etc.), the conversion and modernization
of equipment ahead of the assembly of the different models’ bodies, research
and development, staff training in use of the new equipment, and modernization
of the paint shop.
Production
of the Renault Logan, Sandero and Sandero Stepway will begin mid-2016, with the
vehicles themselves due to go on sale in the last quarter of the same year.
Credit: Renault
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