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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Giant automaker, General Motors (GM) is said to be reassessing its plans to invest more capital in Brazil, due to the country’s weakening economic situation, according to Brazilian news company Estado de S. Paulo. In 2015 GM announced investments of R$6.5 billion for the development of new products and technology through 2019, which are now in question.

In an interview with the Brazilian daily newspaper, the company’s president, Dan Ammann, said the company was reconsidering Subscribe to our Premium Membership Plan. Already Subscribed?