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Ford To Invest $580 Million To Build Next-Gen Ranger At Pacheco Plant

Next-Gen Ranger
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Lyle Watters, president of Ford South America & International Markets Group, and Martín Galdeano, president of Ford Argentina, announced today during a meeting with the President of the Argentine Republic, Alberto Fernández, that Ford will invest $580 million to produce the next-gen Ranger at the Ford Pacheco Assembly Plant in Argentina.

The next-generation Ford Ranger is scheduled to enter production at the Pacheco Plant in 2023, which will supply Latin American markets with the mid-size pickup. In total, 70 percent of next-gen Ranger production at the Pacheco Plant will be destined for export markets.

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“This is an important step for Ford in South America to implement a new, more efficient, agile, and innovative business model built on our strengths in growing segments, with a vibrant and modern portfolio of SUVs, pickups and commercial vehicles,” Watters said.

The investment includes a major modernization of the Pacheco Plant and a significant investment in locating auto parts, to which around 30 percent of the investment will be allocated. Currently, Ford has 2,800 employees in Argentina.

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“This project reaffirms Ford’s long-term commitment to Argentina, now in its 107th year in the country, investing to manufacture global products with high local content, mainly destined for export markets, creating quality jobs and contributing to the development of the community,” Galdeano said.

In North America, the Ranger is produced at the Ford Michigan Assembly Plant, along with the Ford Bronco, with which it shares the Ford T6 Platform. In recent months, quite a few rumors have surfaced regarding the next-generation pickup, including the possibility of a plug-in hybrid model, the arrival of the Ranger Raptor in the U.S., and the potential that the American Ranger Raptor employ Ford’s 2.7L EcoBoost V6.

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We’ll have more on the next-gen Ranger soon, so be sure and subscribe to Ford Authority for more Ford Ranger news and around-the-clock Ford news coverage.

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Written by Brett Foote

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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4 Comments

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  1. I hope the next Ranger looks better than the model Ford has now. Ford need to take inspiration from the Super Duty and F150 family of trucks.

  2. I agree Mr. Roy. Not that its a bad looking truck just not very exciting. Plus I personally like how the front doors curve down at the Windows. Hell my 2004 f150 has that look and I always thought the Ranger should have it also…😆

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