Stellantis Argentina
The Argentine subsidiary of Stellantis, manufacturing and marketing Fiat, Peugeot, and Citroën vehicles while also supporting the group's wider regional operations.
Last updated August 24, 2026
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Overview
Stellantis Argentina is the Argentine operating company of Stellantis, the global automotive group formed through the 2021 merger of Fiat Chrysler Automobiles and Groupe PSA. The subsidiary produces and markets vehicles from several Stellantis brands in Argentina, principally Fiat, Peugeot, and Citroën, and has also been associated with imported Jeep, Ram, Alfa Romeo, and other group products. Its Argentine industrial base is centered on two historic facilities: the former Sevel Argentina and SAFRAR/Peugeot complex at El Palomar in Buenos Aires Province, and the former Fiat Concord facility at Ferreyra in Córdoba Province. The company inherited a long and varied automotive history rather than starting from a new industrial footprint in 2021. Citroën began Argentine production in 1960 with the 3CV and remained active until 1979 before returning through PSA-related operations in the late 1990s. Peugeot entered the market in the 1950s through DAPASA, later IAFA, which assembled the 403 and 404. Peugeot production subsequently passed to SAFRAR and then to Sevel Argentina, a joint venture created in 1981 by SAFRAR and Fiat Concord during a restructuring of the Argentine automotive industry. The Peugeot 504, produced locally from 1969 to 1999, became one of the country's most important locally manufactured vehicles. Fiat resumed direct Argentine operations in 1996 after the dissolution of Sevel's earlier structure. It built the Ferreyra plant to produce the Palio and Siena, although Argentina's economic crisis interrupted production and led to a temporary plant closure. Operations restarted in 2008. The facility later became the production site for the Fiat Cronos, which began manufacture in 2018 and became one of Argentina's strongest-selling locally produced cars. Fiat's Argentine organization was renamed FCA Argentina in 2014 following the Fiat-Chrysler combination, enabling the local business to handle additional Chrysler-related brands such as Jeep and Ram. Under Stellantis, the Argentine business adjusted its production portfolio. The company discontinued or planned the discontinuation of several PSA-era models, including the Peugeot 308, Peugeot 408, and Citroën C4, in order to concentrate El Palomar production on the Peugeot 208 and newer platforms. The group has described Argentina as part of its South American industrial and commercial network, with a substantial share of local production exported, especially to Brazil. In 2021, Stellantis reported a 30 percent share of South American vehicle manufacturing and 48 percent sales growth compared with 2020, although these figures refer to the broader regional group rather than solely to the Argentine subsidiary. Stellantis Argentina's role therefore combines local manufacturing, exports, brand distribution, model localization, and participation in the group's transition toward newer global platforms and electrified or bio-hybrid products. The available reference material does not establish a separate public listing, a standalone corporate website, or named current executives for the Argentine subsidiary.
History
Stellantis Argentina was established in 2021 as the Argentine subsidiary created by the consolidation of Fiat Chrysler Automobiles and Groupe PSA under Stellantis. Although the corporate name is recent, its factories, brands, and industrial activities extend back to the earliest decades of Argentina's modern automotive industry. Citroën began manufacturing in Argentina in 1960 with the 3CV. Local production continued until 1979, after which the brand returned to the country in 1998 through PSA-related operations. Peugeot's Argentine history began earlier. The brand entered through DAPASA, which imported the Peugeot 403, and later through IAFA, which produced the 403 and 404 at a facility in Greater Buenos Aires. Approximately 22,000 Peugeot 403 units were manufactured between 1960 and 1965. The 404, introduced locally in 1962, remained an important product until 1980, with roughly 152,000 units produced across the relevant production arrangements. After IAFA was replaced by SAFRAR in 1965, Peugeot expanded its local range. SAFRAR introduced the T48 pickup in 1967 and the Peugeot 504 in 1969. The 504 became one of the defining Argentine-built vehicles, remaining in production until 1999 and reaching nearly 400,000 units. In 1981, SAFRAR and Fiat Concord formed Sevel Argentina in response to Argentine legislation requiring restructuring of the automotive industry. Sevel combined production programs previously associated with Fiat and Peugeot and operated the industrial complex that later became part of Stellantis Argentina's El Palomar operations. Sevel introduced or continued a succession of Peugeot models, including the 505, 405, and 306. Fiat and Peugeot separated their Argentine activities in 1995. PSA then continued Peugeot and Citroën manufacturing through Peugeot-Citroën de Argentina, while Sevel's Peugeot license was ultimately rescinded in 2000. PSA-era production included the Peugeot Partner, based on the Citroën Berlingo, from 1998; the Peugeot 206 and 207; the Peugeot 307; the Peugeot 408; and the Peugeot 308. The 206 and 207 together accounted for nearly half a million locally produced units according to the reference material. Fiat resumed operations in Argentina in 1996 and built the Ferreyra plant in Córdoba with a reported investment of US$600 million for the Palio and Siena. The facility was affected by the 2001 economic crisis and stopped production temporarily, restarting in 2008. It also became associated with Iveco operations and, after Fiat's merger with Chrysler, with the importation of Jeep, Ram, and Alfa Romeo products. The plant began producing the Fiat Cronos in 2018, establishing the model as a central part of Fiat's Argentine presence. The 2021 creation of Stellantis brought these Fiat and PSA industrial legacies into one organization. The company reorganized its output around the Peugeot 208 at El Palomar and the Fiat Cronos at Ferreyra, while maintaining a multi-brand sales operation. Stellantis has also positioned Argentina as an export base, particularly for shipments to Brazil. In 2022, the company said that 70 percent of its production was exported. The reference material also describes a future-oriented shift toward newer platforms and bio-hybrid technology, including a reported plan in May 2026 to end Argentine production of the Peugeot Partner and Citroën Berlingo and replace them with comparable Brazilian-built vehicles. That reported future or later event should be independently verified before being treated as a completed historical milestone.
- 2022
Export role emphasized
[1]Stellantis stated that roughly 70 percent of its production was exported, mainly to Brazil.
- 2021
Stellantis Argentina established
[1]FCA and PSA activities in Argentina were consolidated under the Stellantis Argentina subsidiary.
- 2018
Fiat Cronos production starts
[1]The Ferreyra plant began manufacturing the Fiat Cronos, which later became a leading-selling model in Argentina.
- 1998
PSA-era Partner production begins
[1]The Peugeot Partner, related to the Citroën Berlingo, entered Argentine production at the PSA-linked industrial complex.
- 1996
Fiat resumes direct Argentine operations
[1]Fiat re-established its Argentine operations and developed the Ferreyra plant for production of the Palio and Siena.
- 1981
Sevel Argentina formed
[1]SAFRAR and Fiat Concord created Sevel Argentina, combining major Fiat and Peugeot manufacturing operations.
- 1969
Peugeot 504 launched locally
[1]The Peugeot 504 entered Argentine production and became one of the country's longest-running and most successful locally manufactured vehicles.
- 1960
Local Citroën and Peugeot production expands
[1]Citroën began producing the 3CV in Argentina, while Peugeot production developed through IAFA and a new Buenos Aires-area manufacturing facility.
- 1957
Peugeot enters Argentina through DAPASA
[1]DAPASA began importing Peugeot vehicles, including the Peugeot 403, establishing the foundation for later Argentine production.
Products and positioning
A multi-brand automotive manufacturer and distributor serving Argentina and the wider South American market, combining long-established local production facilities with Stellantis global vehicle platforms and export programs.
Passenger car · 2018
Fiat Cronos
The Fiat Cronos is produced at Stellantis Argentina's Ferreyra plant in Córdoba. Introduced into local production in 2018, it became a major Argentine-market model and was identified in the reference material as the country's best-selling car. Its importance extends beyond domestic sales because the Ferreyra facility forms part of Stellantis' wider South American production and export network.
Passenger car
Peugeot 208
The Peugeot 208 became the principal focus of the El Palomar plant after Stellantis reorganized the Argentine production portfolio. Its prioritization followed the discontinuation or phase-out of earlier locally built Peugeot and Citroën models and reflects the subsidiary's effort to align Argentine output with newer global platforms.
Light commercial vehicle · 1998
Peugeot Partner
The Peugeot Partner has been produced in Argentina since 1998 as part of the PSA industrial legacy inherited by Stellantis. It is closely related to the Citroën Berlingo and has been assembled at El Palomar. The reference material reports a planned discontinuation in 2026 connected with safety requirements, plant modernization, and a shift toward newer platforms.
Light commercial vehicle · 1998
Citroën Berlingo
The Citroën Berlingo was part of the long-running Argentine light-commercial-vehicle program shared with the Peugeot Partner. It was assembled at El Palomar and formed part of the local Citroën manufacturing heritage carried into Stellantis Argentina. The supplied reference describes a planned 2026 end to local production, subject to verification.
Brand decisions
2026
Reported plan to end local Partner and Berlingo productionGeneration changeBackground
The supplied reference attributes the planned change to safety requirements, plant modernization, and a strategic focus on newer platforms and bio-hybrid technology.
Action taken
Stellantis Argentina reportedly planned to stop producing the Peugeot Partner and Citroën Berlingo at El Palomar and replace them with similar vehicles manufactured in Brazil.
Aftermath
The report would shift El Palomar's output toward newer products, but the timing and completion of this change require independent verification.
2021
Concentrate El Palomar on newer productionStrategyBackground
The creation of Stellantis combined FCA and PSA operations and required a more focused Argentine manufacturing portfolio.
Action taken
The company discontinued or phased out the Peugeot 308, Peugeot 408, and Citroën C4 and directed El Palomar toward production of the Peugeot 208.
Aftermath
The decision aligned the plant with a newer model and the group's broader platform strategy, although the supplied material does not provide detailed employment or investment consequences.
2021
Plan a regional model and electrification expansionStrategyBackground
Stellantis sought to expand its South American product portfolio after the FCA-PSA merger.
Action taken
The group announced expectations of 16 new models between 2022 and 2025, alongside 28 restylings and seven electric or hybrid vehicles across the region.
Aftermath
The plan indicated a shift toward broader product renewal and electrification, but the supplied material does not document the completion of each planned program.
Recent events
- 2022
Argentine production increasingly directed to exports[1]
Other
Stellantis stated that approximately 70 percent of its production was exported to other markets, primarily Brazil, underscoring the role of Argentine plants in the group's regional supply network.
- 2021
Stellantis Argentina established following the creation of Stellantis[1]
M&A
The Argentine operations inherited from FCA Argentina and Groupe PSA Argentina were brought under the Stellantis structure. The new subsidiary assumed responsibility for manufacturing and marketing Fiat, Peugeot, and Citroën vehicles in Argentina.
- 2021
Stellantis focused El Palomar production on the Peugeot 208[1]
Product generation
Following the formation of Stellantis Argentina, the company changed its local production mix and discontinued or phased out several PSA-era models, including the Peugeot 308, Peugeot 408, and Citroën C4, to emphasize the Peugeot 208.
- 2021
Stellantis reported strong South American performance[1]
Other
Stellantis said it was the leading manufacturer in South America with a 30 percent share and reported sales growth of 48 percent compared with 2020. The Fiat Cronos was identified as the best-selling model in Argentina.
- 2021
Stellantis outlined a South American model and electrification program[1]
Product launch
The group indicated that it expected to introduce 16 new models in the region between 2022 and 2025, alongside restylings and electric or hybrid vehicles.
Sources1 sources
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