UPDATE 1-Fiat Argentina plans $300 million local investment

Newswire

(Adds investment details, meeting with president, quote) BUENOS AIRES, March 18 (Reuters) - Fiat Argentina, the local representative of the Italian automaker, said on Tuesday it planned to invest $300 million in the South American country. Nearly $200 million of the investment will go into producing gear boxes with the remainder to be used for auto production, a company official told Reuters. The deal was announced after Argentine President Cristina Fernandez de Kirchner met with the ...

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