GM Investing $450 Million to Build New Car in Argentina

General MotorsGMUnited States of America, 1998 > present8 models
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is investing $450 million through 2015 in its Rosario Automotive Complex in Argentina to build a new global car. The announcement was made by GM CEO Dan Akerson, Argentina President Cristina Fernández de Kirchner; GM South America President Jaime Ardila and GM Argentina President Isela Costantini.

GM will not say what the new vehicle is but says that it will exported. 

This new model to be based on a global platform will run in addition to the models we are currently manufacturing in our plant and will allow us to supply the regional and domestic market with even more high-quality, high value Chevrolet products,” said Costantini.

GM Argentina built 136,000 cars last year.