Mercedes-Benz truck unit in Argentina inaugurates $100 million plant - Finance news and analysis from Global Banking & Finance Review
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Mercedes-Benz truck unit in Argentina inaugurates $100 million plant

Published by Global Banking & Finance Review

Posted on May 8, 2026

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· Last updated: May 8, 2026

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Mercedes-Benz Trucks and Buses Argentina inaugurates $110 million plant

Overview of the New Industrial Truck Plant in Zárate

By Eliana Raszewski

Plant Inauguration and Investment

BUENOS AIRES, May 8 (Reuters) - Mercedes-Benz Trucks and Buses Argentina on Friday inaugurated a $110 million industrial truck plant in Zárate, a municipality in Buenos Aires province.

Production Capacity and Models

The factory can produce up to 10,000 units per year and will produce the Atego and Accelo trucks, as well as the OH and OF bus chassis, company executives said at a press conference.

CEO Statement on Growth and Market Strategy

"We reached a limit in growth potential, and that led us to seek a new plant in Zárate,” said Achim Puchert, CEO de Mercedes-Benz Trucks. "Our mission is to satisfy domestic market demand, but also to seek growth potential beyond Argentina.”

Logistics and Location Advantages

The plant is located close to a port, which will facilitate logistics, he said.

Company Background and Recent Sales Figures

Mercedes-Benz Trucks and Buses is a local subsidiary of Daimler Truck, one of the world's largest truck manufacturers.

The company said it sold 422,510 trucks and buses in 2025, compared with 460,409 a year earlier.

Reporting and Editorial Credits

(Reporting by Eliana Raszewski; Writing by Leila Miller; Editing by Brendan O'Boyle)

Key Takeaways

  • This is Argentina’s first fully new automotive plant in 15 years, representing a major industrial milestone. (autodataar.com)
  • The $110 million investment includes the construction of a 20‑hectare Centre Industrial in Zárate to produce Atego and Accelo trucks and OH/OF bus chassis. (autodataar.com)
  • The move relocates operations from Virrey del Pino, brings an estimated 500 direct jobs and around 2,000 indirect ones, and capitalizes on Zárate’s strategic logistics and port proximity. (autodataar.com)

References

Frequently Asked Questions

Where did Mercedes-Benz Trucks and Buses inaugurate a new plant?
Mercedes-Benz Trucks and Buses Argentina inaugurated a new industrial truck plant in Zárate, a municipality in Buenos Aires province.
How much did Mercedes-Benz invest in the new plant in Argentina?
Mercedes-Benz invested $110 million in the new industrial truck plant in Zárate, Buenos Aires.
Who reported on the Mercedes-Benz plant inauguration in Argentina?
The event was reported by Eliana Raszewski and written by Leila Miller.
What sector does the new Mercedes-Benz plant in Zárate belong to?
The new plant belongs to the industrial truck manufacturing sector.

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