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Tag: GM

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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