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Investments in Argentina: Stellantis Focuses on Continuous Growth
Stellantis has steadily expanded its presence and investments in Argentina in recent years. With its ongoing investment plan in the two industrial facilities in El Palomar and Ferreyra, both located in the Buenos Aires province, the company is preparing for further ambitious projects. These include sectors such as energy, mining, and aftermarket services. The recent investment in Norauto reinforces Stellantis’ commitment to expanding its presence in the Argentine aftermarket and offering its services nationwide.
#DareForward2030: Stellantis’ Strategic Plan
As part of its long-term strategic plan, #DareForward2030, Stellantis has announced its intention to expand its participation in the aftermarket segment. This highlights the company’s ambition to meet all driver needs and strengthen its presence in the aftermarket. Paulo Solti, Vice President of Parts and Services at Stellantis South America, emphasized that this investment is a central component of the company’s strategy to position itself as a mobility technology company and address the complex needs of its customers.
The acquisition of Norauto by Stellantis not only impacts both companies but also sends a strong signal to the entire automotive industry. It demonstrates that the significance of the aftermarket sector continues to grow and that companies focusing on this area could gain a competitive advantage. This move may inspire other companies to expand their aftermarket presence and diversify their services to meet changing customer demands.
Overall, this development shows that Stellantis will continue to expand its footprint in the aftermarket. With its increased presence in Argentina and its focus on the aftermarket, the company proves it is ready to embrace future challenges and contribute to sustainable mobility.
Norauto, which has been operating in Argentina since 1998, currently has 13 locations in the country.
What Else is Stellantis Doing?
Stellantis NV is one of the world’s leading manufacturers and providers of automotive mobility. The company owns numerous historic and iconic brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys. Stellantis aims to become the leader in sustainable mobility, creating value for all stakeholders and the communities where it operates.
With its expanded presence and investments in the Argentine aftermarket, Stellantis continues its commitment to advancing vehicle technology and being recognized as a mobility technology company. With Norauto on board and plans to expand its services beyond Buenos Aires, Stellantis is at the forefront of the transformation of the automotive industry. This progress clearly indicates that the company is prepared to meet 21st-century driver demands and provide high-quality aftermarket services.
