Login To Trade  |  About IIFL
  • NIFTY  8494.6  9.7 0.11%
  • SENSEX 28148.84  56.05 0.2%

Daimler to invest more than $170M in Argentina : reports

India Infoline News Service | Mumbai | October 05, 2012 15:15 IST

The company also plans to produce 850 new jobs at the Centro Industrial Juan Manuel Fangio plant in Buenos Aires,

Daimler AG reportedly to capitalise more than $170 million in Argentina in an effort to tap the economy's strong economic growth.


According to reports, the investment concentrates on new Mercedes-Benz commercial vehicles models targeted at the Latin American market, including a mid-size van, truck models Atron 1624 and Atron 1634, as well as bus chassis LO915, OF1722 and OH1518.


The company also plans to produce 850 new jobs at the Centro Industrial Juan Manuel Fangio plant in Buenos Aires, which would increase the workforce there by 40%, reports added.


Read more on: Daimler  $170M  
article
113110701815
Daimler to invest more than $170M in Argentina : reports
Daimler to invest more than $170M in Argentina : reports
The company also plans to produce 850 new jobs at the Centro Industrial Juan Manuel Fangio plant in Buenos Aires,
http://www.indiainfoline.com/article/news-corporate/daimler-to-invest-more-than-170m-in-argentina-reports-113110701815_1.html
October 05, 2012 15:15 IST
http://content.indiainfoline.com/_media/iifl/img/article/default/glo_news.jpg
Daimler, $170M ,Argentina
News
$rawVideoFileUrl$
$videoPlayerUrl$
Recent Reports

Weak start to the July series; Sensex, Nifty to open lower

India Infoline Research Team / 08:44, Jun 26, 2015

IIFL is hosting 10 companies at a Management Roadshow in Mumbai today. The opening is a subdued start. US market saw minor losses with Dow, S&P 500 and Nasdaq closing marginally lower.

News