General Motors to append to the Brazil plant near 4 million investment
CRI June 1 rising General Motors announced on Monday, will append to its Brazil plant 7 billion reals (about 3.8462 billion) , for modern transformation and improve productivity. General purpose says that the investment will be used to update the Sao Paulo State S?o Caetano (Sao Caetano do Sul) factory existing production lines, the line production Chevrolet, Opel (Corsa) and Opel Weldon (Gallery Forum) (Vectra) models.
Oubaoweida (Vectra)
On General Motors, Brazil is second only to China's third-largest market. The first quarter of this year, sold in Brazil for General 20.66 million new vehicles, an increase of 26%. Brazil is South America's largest economies, but also the world's fifth largest automobile market, expected within two years of global automotive manufacturers will append in Brazil for a total of 112 million investment to meet the growing demand for cars, April Brazil automobile production increased by 29%, reaching the 14.2 million. Brazil Italy is also a , Fiat mass Germany and Ford United States 's major markets.
Universal end has announced that it will invest $ 1 .4B for Brazil Moji das cruzes (Mogi das Cruzes) and S?o Caetano plant modernization and expansion, two factories are located in the Sao Paulo State. This investment will be used primarily for its Chevrolet product line update, including two upcoming put in Brazil and overseas market new models. This new investment is a long-term investment of the general part of the plan, the plan is prepared in 2008 to 2012 in Brazil to invest 50 billion Reals to increase productivity and update Chevy truck lineup.
(Grasp)