General Motors (GM) suppliers to invest USD500 million in Argentina
Automaker to suspend production at US plant amid low demand
General Motors (GM) and its suppliers will make a combined investment of USD500 million in Argentina through 2019, Reuters reported last week citing the US automaker. The investment will help GM ready its Alvear plant for production of a Chevrolet model from 2020. While GM will invest USD300 million, its supplier base will make total investment of USD200 million.
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