BUENOS AIRES — Ford Motor Co. is asking the Argentine government for subsidies for its local unit similar to those recently offered to Volkswagen AG. Argentina is offering road improvements and a tax deferral plan to VW after the company said it would invest US$200 million to expand its plant in Cordoba, creating 1,800 jobs. Argentina hopes such investments will help steer automakers from moving production to neighboring Brazil, where costs are lower thanks to a devalued currency. Ford ...
Premium Content (PAID Subscription Required)
"Ford wants incentives from Argentina" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.