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Corrected: $500 million for Argentina

by David Zatz on

Fiat Chrysler Automobiles plans to produce a new car for Latin America in 2017, with a projected run of over 100,000 cars per year. It will likely be a Fiat.

The company is investing $500 million investment in an existing plant in Córdoba, Argentina, to upgrade it. The  locally produced content will be pushed to at least 50% of all parts, for a vehicle which will be sold mainly in Latin America.

The plant will gain over 150 robots, automated adhesive application, a new assembly line, an expanded and modernized measuring room, and a line to assemble and test a new automatic transmission. FCA reported that this would create a total of 20,000 jobs. Quality will be enhanced through World Class Manufacturing, which the company claims incorporates Poka-Yoke and just-in-time technologies.

Correction: this article originally referred to the article as a minivan. This appears to have been a translation error. The image above is only relevant as it shows an ad for a Dodge sold in Argentina in the 1970s.

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