Renault To Invest $350 million In Argentina

Renault S.A. is a French multinational automobile manufacturer founded in 1899 and headquartered in Boulogne-Billancourt, Île-de-France, France. It produces a wide range of vehicles, including trucks, tractors, tanks, buses/coaches, aircraft, and aircraft engines, as well as autorail vehicles.

According to reports, Renault has announced plans to invest $350 million USD in its Cordoba factory in Argentina to produce a new half-ton pickup truck model as it aims to expand its global footprint and investments outside of Europe.

The report further mentions that this investment is part of the company’s international Game Plan, which is expected to export 65% to 70% of the trucks produced in Cordoba, while the remaining 30% will be for the domestic market.