Argentum Motors - Global Powertrain Player

Argentum Motors is panning out to be a service provider for automobile manufacturers than a rival.Initially there were rumors that they where going to produce low budget cars in India to take on maruti and hyundai but all that looks more likely to only remain a rumour.

Argentum motors have tied up with Karmann GmbH to manufacture high end luxury cars for players like Mercedes-benz,Porsche,Bmw.Initially Argentum may focus on convertibles since they have an aluminium forging facility.Argentum has the second largest automotive manufacturing facility in India with a capacity of manufacturing upto 2 lakh cars per year.Argentum has a 4 lakh powertrain (engine and transmission) manufacturing capacity with a 37.5 tonnes forging facility.

Argentum motors have also tied up with software solutions provider Dassault Systems for designing and engineering of engine components for global automotive Original Equipment Manufacturers (OEMs).Under the new venture with Argentum Engineering Design (AED) it is aiming to provide powertrain solutions to various companies.Already Argentum has three OEMs as customers for its powertrains.

Argentum now looks more on the lines of a global powertrain player.

[Source:Economictimes,Sify]