The article discusses the entry of Kaiser Industries Corp. into Argentina through Industrias Kaiser Argentina (IKA). It reports that IKA feared the rise of Argentine President Arturo Frondizi after what it has experienced under the dictator Juan D. Peron but President Arturo Frondizi has proved to be eager to open the door of Argentina to foreign capital. It also reports that the Carabela is the newest product of IKA and is the first car made primarily from Argentina parts.
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