GM Brazil to Invest R$2B in Expansion and New Line of Chevrolet Small Cars
Green Car Congress
JULY 16, 2009
General Motors Brazil will invest R$2 billion (US$1.033 billion) to launch a new Chevrolet line of vehicles and to expand its plant in Gravataí, Rio Grande do Sul. The investment is the largest made by the company in its 84 years in Brazil. The remaining $600 million will flow to GM’s other operations in Brazil.
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