Volkswagen investing €560M in Argentina plant for new MQB-based SUV
Green Car Congress
NOVEMBER 13, 2017
Volkswagen is investing some €560 million (US$652 million) over the next five years in the production of a new MQB-based SUV in Pacheco, Argentina. From 2020, the plant will deliver the new model built in Argentina to the entire South American continent. The new vehicle project in Argentina is a part of the Volkswagen brand’s largest product offensive in the South America region. Key drivers behind this positive development are Brazil and Argentina.