Advertise your job vacancies
Subscribe & Follow
Jobs
- Lecturer - School of IT Centurion
- Lecturer / Senior Lecturer Centurion
- Junior NET & React Native Full-Stack Developer Johannesburg
- Lecturer: School of Commerce Durbanville
- Administrator: Student Administration and Support Services Durbanville
- Design Operations Lead- Print & Packaging Remote
- FMCG Regional Sales Manager Nelspruit
- Digital Advertising and Sponsorship Sales Johannesburg or Cape Town
- Business of Commercial Photography Lecturer Stellenbosch
- Sales Account Executive Port Elizabeth
General Motors to invest $740m in Argentina
General Motors will invest $740 million in its plant in Rosario, Argentina, to produce the Chevrolet Cruze II mostly for export, the US carmaker announced Wednesday. The news came as President Mauricio Macri visited the factory 280 kilometers (174 miles) north of Buenos Aires.
The plant expansion will make it possible to produce the Cruze II, and a new motor plant is also to be built. 80% of the cars are expected to be exported, most to neighbouring Brazil. No number of planned production units was immediately disclosed. The domestic market is weak at the moment: Auto sales in Argentina have been slumping, following a devaluation in December and with 40% annual inflation.
