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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. The Agile is targeted for emerging markets such as Brazil, Argentina, Paraguay and Uruguay (Mercosur). In 2008, it posted record annual sales (548,941 vehicles).

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Scotia Economics report sees double-digit increase in global vehicle production in first half of 2011; China to surpass European vehicle output this year

Green Car Congress

This is more than double its 13% share as recently as 2008, and a sevenfold jump from only a 4% share a decade ago. In the report, Gomes noted that the auto industry will also add to economic growth in Latin America. While this is a moderation from a 15% jump in 2010, the industry will continue to support economic growth.

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