Renault plans to increase car production in Argentina by 60%

Friday, July 1st 2011 - 13:04 UTC

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French auto maker Renault has plans to invest 400 million Pesos (100 million US dollars) to produce a new model geared towards the Mercosur market, Argentina's industry minister Debora Giorgi announced this week. Read full article

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GeoffWard2
“The industry ministry has convinced eleven car importers to balance all imports by a corresponding amount of exports, . . . ”

So, just how many tonnes of soya do these car maufacturers have to 'fence' in order to do business.

Think of soya as a market value and you have just another example of 'The Cost Of Doing Business With Argentina'.
. . . seem to remember that phrase in a few posts on state corruption.
Jul 02nd, 2011 - 11:39 am - Link - Report abuse 0
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