Nissan to invest Rs 3,790 crore in Argentina to make NP300 Frontier pickup

Following yesterday’s announcement of the Renault-Nissan Alliance jointly developing a midsize pickup truck with Daimler,

Autocar Pro News Desk By Autocar Pro News Desk calendar 08 Apr 2015 Views icon5286 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
y 2018, the Nissan NP300 Frontier will roll out of the Cordoba, Argentina plant, along with the Mercedes-Benz and Renault 1-tonne pickups.

y 2018, the Nissan NP300 Frontier will roll out of the Cordoba, Argentina plant, along with the Mercedes-Benz and Renault 1-tonne pickups.

Following yesterday’s announcement of the Renault-Nissan Alliance jointly developing a midsize pickup truck with Daimler, Nissan has announced an aggressive investment plan for production of the new pickup in Argentina.

For the Japanese carmaker, which aims to enter the top three brands in Latin America, growth in Argentina – the most important market in the region – is of strategic importance.

Nissan plans to invest US$ 600 million (Rs 3,790 crore) to set up a dedicated assembly line for the pickup truck in the Renault production plant in Cordoba. In all, the plant will produce three pickup trucks – Mercedes-Benz’s first pickup truck, Nissan’s existing NP300 and the Renault 1-tonne truck – for the Latin American market.  

The annual production capacity of pickup trucks at the new production line is expected to be 70,000 units. This production line, in addition to directly employing about 1,000 people, will create indirect employment of 2,000. By 2018, the Nissan NP300 Frontier will roll out of the plant. With this, Argentina will join Thailand, Mexico, and Spain as part of the global production base network of the NP300 Frontier.

Nissan, which will showcase the new NP300 Frontier at the Buenos Aires Auto Show to be held in June 2015, will initially sell the model as an import from Mexico in Argentina. 

Read more:  Renault-Nissan Alliance and Daimler to jointly develop 1-tonne pickup truck

RELATED ARTICLES
Stellantis CEO abruptly steps down: Report 

auther Autocar Pro News Desk calendar02 Dec 2024

Senior Independent Director Henri de Castries said in a statement that divergent views cropped up in recent weeks among ...

Hyundai Mobis targets 40% of global OE sales in auto component manufacturing by 2033

auther Autocar Pro News Desk calendar30 Nov 2024

Hyundai Mobis outlines value-up strategy at CEO Investor Day; focus to be on securing leading technological competitiven...

Range Rover Electric undergoes final-stage testing ahead of 2025 launch

auther Autocar Pro News Desk calendar30 Nov 2024

Land Rover brand's first EV tests in extreme conditions as it approaches a launch next year