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

Baua Electric

The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. 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.

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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. global sales rose to more than 9 million vehicles in 2011, a 7.6% of the global vehicle industry. General Motors Global Sales Summary. Total Global. million vehicles around the world in 2011, setting a global sales record. gain compared with 2010. compared with 2010.

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