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GM to invest $450M in Argentina

Green Car Congress

General Motors will invest $450 million between 2013 and 2015 to expand its Rosario Automotive Complex to build an all-new global Chevrolet vehicle, Chairman and CEO Dan Akerson said Wednesday. GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011.

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Nissan investing $600M in Argentina; domestic production of new pick-up

Green Car Congress

Nissan Motor will invest $600 million in Argentina and will become an Original Equipment Manufacturer (OEM) with the domestic production there of an all-new NP300 Frontier pick-up. With the expansion, Nissan is making Argentina a key component of its regional strategy eventually to position itself among the Top 3 brands in Latin America.

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. by Nick Cunningham of Oilprice.com.

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Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

Green Car Congress

Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.

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Toyota Tsusho venture starts full-scale lithium production at Salar de Olaroz, Argentina

Green Car Congress

an Argentine lithium development company in which it owns a stake, has officially started lithium production at Salar de Olaroz in Jujuy Province, northwestern Argentina. This project marks the first investment by a Japanese company into lithium carbonate development in Argentina. Earlier post.). Salar de Olaroz. Click to enlarge.

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SQM and Lithium Americas announce joint venture to develop lithium project in Argentina

Green Car Congress

LAC) are forming a 50/50 joint venture to develop the Caucharí-Olaroz lithium project in Argentina. SQM estimated that global demand for lithium chemicals totaled approximately 150,000 metric tons of lithium carbonate equivalent in 2015, and the company expects demand growth of approximately 10% in 2016. SQM) and Lithium Americas Corp.

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Uruguay launches first BYD battery-electric buses; projecting 500 by 2015

Green Car Congress

By 2015 it is expected that more than 500 BYD electric buses will be running on the streets and roads of Uruguay. Buquebus is the largest tourism transportation company in Uruguay, connecting more than 2 million passengers in Argentina and Uruguay per year by boat and by bus.

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