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GM to invest $450M in Argentina

Green Car Congress

General Motors will invest $450 million between 2013 and 2015 to expand its Rosario Automotive Complex to build an all-new global Chevrolet vehicle, Chairman and CEO Dan Akerson said Wednesday. GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011.

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GM investing $650M in Lithium Americas; offtake agreement from Thacker Pass

Green Car Congress

General Motors and Lithium Americas will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the United States and the third-largest in the world. Earlier post.) Tranche 2: GM to invest $330 million into Lithium Americas.

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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

General Motors provided an image of the new Chevrolet Agile, a small car designed in Brazil and due to launch in that market in October. 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 2010 Agile. Click to enlarge.

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GM Creates New South America Regional Organization

Green Car Congress

General Motors is creating a new regional organization to meet rising customer demand in South America. GM South America will be headquartered in Sao Paulo, Brazil and will be led by Jaime Ardila, currently president and general manager GM Mercosur. GM South America currently has 29,000 employees.

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GM leaps ahead in lithium mining race, secures next-gen extraction deal

Teslarati

General Motors (GM) has secured a next-generation lithium extraction deal with Puerto Rico-based startup, EnergyX. These facilities will be built in Argentina, Chile, California, Arkansas, and Utah, respectively.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

China itself trails Australia and Chile as the third-biggest producing nation, while Chinese capital was instrumental in lifting Argentina to fourth place. Offtake agreements, such as the ones General Motors Co. Even in Canada, Chinese money has been crucial. until falling prices drove it into a period of bankruptcy in 2021.

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GM global sales up 7.6% in 2011 to 9.026M vehicles; China and US largest markets

Green Car Congress

General Motors Co. General Motors Global Sales Summary. global sales rose to more than 9 million vehicles in 2011, a 7.6% gain compared with 2010. GM gained four-tenths of a point of market share to 11.9% of the global vehicle industry. compared with 2010. GM is the market leader in both countries. North America.

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