Caoa to Invest R$1.5 Billion in Goiás Assembly Plant, Considers Luxury Brand

The automaker estimates that 2,000 jobs will be created over the next five years and more than 20,000 indirect jobs.

RIO DE JANEIRO, BRAZIL - Caoa announced on Monday afternoon, November 23rd, a R$1.5 billion investment in the automaker's plant in Anápolis, Goiás. The amount should be used in the production of new models, electrification projects, and even a new brand.

"We believe in our operation. Despite . . .

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