In this framework, the visit to the United States started off on the right foot as it received confirmation of the plans for the second semester by the president of General Motors International, Shilpan Amin, in a meeting held in the afternoon.
The executive told Fernández that from July will begin to produce the Chevrolet Tracker in the plant that the company has in General Alvear, Santa Fe. There, the company allocated a total investment of US$300 million to improve and refurbish the Automotive Complex in the town of Santa Fe.
20220608-ECO_4004.JPG
The head of state was accompanied by the president of the Chamber of Deputies, Sergio Massa; the Minister of Foreign Affairs, International Trade and Worship, Santiago Cafiero; and the Argentine ambassador to the United States, Jorge Argüello. Participating for General Motors, along with Shilpan Amin, were the Global Vice President of Public Policy, Thomas Cooney, the Chief of Staff of the firm’s Vice President, Alethea Gordon, and the Global Director of Regulatory Affairs, Daniel Frakes.
Presidency
Fernández and Amin talked for more than an hour, in the company of the head of the Renovating Front, Serge Massa, of the chancellor, santiago cafiero and the Argentine ambassador to the US, Jorge Arguello.
The production of the Chevrolet Tracker, a top-of-the-range SUV, would have as its main objective to expand exports to Latin American countries, mainly Brazil and Colombia. According to a survey by the FUN consultancy during the second half of 2021, the vehicle was ranked second in the used segment within premium SUVs.
The investment of more than US$300 million was destined for the reconditioning of the plant to be able to start the production process starting in July. More than a thousand people were assigned to this task and it also involved the incorporation of manufacturing technology 4.0. From the company they pointed out that investments in capital goods, civil construction and infrastructure were contemplated in parallel, culminating in a building expansion of 50,000 m2 in the Press, Bodywork and Assembly plants.
In addition, dies, automatic devices, robots, and production line capital goods were purchased and built. This will allow it to increase the plant’s installed production capacity from 80,000 to 115,000 vehicles per year. At least 80% of the production will be destined for the export market, they said.
During the meeting, the president spoke with General Motors executives about the bill for the Promotion of Sustainable Mobility, which provides for the creation of a special regime for vehicles powered by sustainable energy sources.
The law establishes a regime of benefits for both demand (vehicle buyers) and supply (terminals, auto parts companies, battery and charger manufacturers, among other players in the sector). The work is part of the possibility of Argentina becoming a regional benchmark in the matter, taking advantage of the country’s lithium potential.
After his meeting with Shilpan Amin, the president moved with the first lady to the Microsoft Theater where they will be received by their peers from the United States, Joseph Biden, and the first lady of that country, Jill Biden, to then participate in the Inaugural Ceremony of the IX Summit of the Americas
Source: Ambito

David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.