The Argentine press confirms that Mercedes-Benz has sold its Sprinter factory in Virrey del Pino, near Buenos Aires, to an investment group called ST, led by financier Pablo Peralta.
According to local sources, the sale agreement will be officially late in February. Under the deal, ST will continue producing the Sprinter van under license until 2029.
The transaction does not include Mercedes-Benz’s heavy vehicle production, which will continue at a new factory in Zárate. The sale is linked to the upcoming shift to electric Sprinter models, as the company does not plan to invest in this transition in Argentina.
Mercedes-Benz has declined to comment, calling the reports “rumors.”
Source: Automotive Business Read The Article
PSR Analysis: The decision by Mercedes-Benz to sell its Sprinter factory in Argentina aligns with the company’s global strategy of optimizing production efficiency, focusing on electrification, and reducing exposure to less profitable markets. The decision on heavy vehicles employs a different strategy.
Fabio Ferraresi is Director, Business Development, South America, for Power Systems Research
