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BERLIN (Reuters) - Volkswagen is launching a new version of its Amarok mid-size pick-up truck targeted at the South American market from 2027, the carmaker said on Thursday, in the latest example of auto industry players localising production.
VW is investing $580 million to refit its Pacheco plant in the province of Buenos Aires, which has produced an older version of the Amarok since 2010, towards producing the new design, it said.
"The new Amarok will be developed, designed and produced in South America, for South America. This means that it will be perfectly aligned with the specific needs of our customers in this market," VW brand chief Thomas Schaefer said in a statement.
The carmaker will continue to produce the second generation Amarok alongside the Ford Ranger in Silverton, South Africa.
(Reporting by Victoria Waldersee; Editing by Riham Alkousaa)
