Porsche Argentina Will Trade Carreras for Cabernet Franc

Patrick Archer foreign investment, lifestyle, wine & vineyards

As we’ve seen in recent spats with Brazil and China, Argentina’s trade balance can be a sensitive issue for the Casa Rosada. But the backlash moved beyond BRIC-landia when the Ministry of Interior Trade decided to go after luxury automakers who ship high-end cars to Argentina without buying anything in return. And while several U.S., European and Asian countries export …

Argentina Auto Production Grows 170%

Patrick Archer foreign investment, us companies

Another positive sign of economic recovery for both Argentina and several export destination countries based on data released yesterday by the Argentina Association of Auto Manufacturers (ADEFA). The Association is reporting a 170% increase in auto production for February 2010 compared to the previous year, or approximately 40,000 units compared to 14,900 units in February 2009. Last month’s robust auto …