Corven to invest $50 million to manufacture Chinese cars in Argentina

months.

The development of the project will depend on the scale of production. Local market conditions will also influence

.

The variables that condition investment Since Corven emphasized the

need for adequate incentives. This is key to sustaining production in the country

.

They also pointed out that it is important to avoid oversized structures compared to the level of patents.

Chery is negotiating its productive landing in Argentina. In

parallel, Corven is holding talks with the Chinese car company Chery.

The objective is to add a second brand to the project

.

Negotiations include local SUV production and a mid-size pickup. This last model has already been registered in the country.

A project tied to sales volume The conclusion of

the agreement will depend on achieving a sufficient volume of sales. This would make it possible to justify industrial investment

.

.

For now, it is not defined which model will be manufactured in that segment. The decision will depend on the market.

When could the new factory be inaugurated

The plant in Campana is close to 80% complete. The inauguration could take place within six to eight

Corven is moving forward with a project to manufacture Chinese cars in Argentina. The initiative includes million-dollar investment, productive expansion and new models

.

As published by La Nación, the group is committed to consolidating itself in the automotive sector. The strategy is based on its alliance with the Chinese brand Foton

.

A million-dollar investment to produce in the country The

holding company expects an investment of close to $50 million.

Of that total, some $25 million will be allocated to a new plant in Campana

.

The objective is to increase productive capacity and expand the supply of vehicles. It also seeks to strengthen the presence in the local market.

New plant in Campana: what will be manufactured The

project includes moving production from the Caseros plant. Between six and seven models would be manufactured in the new building

.

Currently, Corven produces light commercial vehicles such as Foton's Aumark trucks.

The idea is to expand that range.

Focus on commercial vehicles and potential pickups

The company targets growing segments, such as light and ultra-light vehicles. It also analyzes moving forward with the production of pickups