The presidential spokesperson, Manuel Adorni, announced that Volkswagen Argentina would announce "one of the largest investments in recent decades" in the country, thanks to the macroeconomic stability achieved by Javier Milei's Government.
The automaker will allocate a million-dollar sum for the production of a new medium pickup at its local plant, aiming to strengthen its presence in the regional market, generating jobs in Argentina and boosting economic growth.
According to reports, the new model will begin to be manufactured in Argentina starting in 2027, positioning the country as a key hub for automotive production. This move by Volkswagen reaffirms the private sector's confidence in Milei's Government's economic model, which seeks to attract investments and promote the industry.
This investment plan will generate thousands of direct and indirect jobs, in addition to boosting vehicle exports to various international markets.
Volkswagen confirmed the investment, which will be 580 million dollars, for the manufacturing of a new generation of the Amarok, the medium pickup that competes with models like the Toyota Hilux and the Ford Ranger.
