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Tag: GM

RIO DE JANEIRO, BRAZIL - This moment could not be better for Fiat: market leader and the best-selling light vehicle of the year. In fact, the new Strada pickup was a watershed for the company, but the recovery plan...
RIO DE JANEIRO, BRAZIL - A crisis considered "unprecedented" in the supply of components, coupled with the fall in demand in the domestic market with the worsening of the pandemic, led to the total or partial shutdown of 13...
RIO DE JANEIRO, BRAZIL - General Motors' CEO in South America, Carlos Zarlenga, on Monday, March 8th, made yet another pessimistic assessment of the business environment in Brazil. In reference to Ford's decision to close its plants, he highlighted...
RIO DE JANEIRO, BRAZIL - The Administrative Council for Economic Defense (CADE) has already issued 44 notices to companies doing business or competing with the merging car rental companies, requesting input on the effect upon competition of the merger. The...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Giant automaker General Motors announced on Tuesday it will invest R$10 billion in two plants in São Paulo state, after state governor, João Doria, announced tax incentives to be...
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...
By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – General Motors will invest R$6.5 billion (US$2.8 billion) in Brazil over the next five years, Chief Executive Officer Mary Teresa Barra announced on Thursday, August 14th. The announcement was...
By Jaylan Boyle, Contributing Reporter RIO DE JANEIRO - When America sneezes, Brazil catches a cold. That old saying can be particularly true for industries with an overwhelming dependency on the United States economy. In the automobile manufacturing trade, that...

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