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Whether Fiat SpA buys General Motors Corp's subsidiary in Brazil is ultimately up to Detroit, but the possibility of Chevrolet going Italian grows stronger by the day. An executive with General ...
General Motors is looking to buy out its employees in Brazil as its South American business continues to face challenges due to the ongoing COVID-19 pandemic.
Car maker General Motors expects its vehicle sales in Brazil to remain stable in 2014 from last year, a company executive said Thursday, as slowing economic growth puts the brakes on the local ...
As the automotive industry in Brazil struggles, General Motors is reassessing its planned $ 1.6 billion investment in the country, the company’ President Dan Amman stated in a recent interview ...
SAO PAULO (Reuters) – U.S. automaker General Motors Co on Friday announced 1.9 billion reais ($603 million) of investments in its Joinville factory in southern Brazil and 1.2 billion reais of ...
Through May, General Motors — which markets the Chevrolet brand in Brazil — has sold 196,463 cars compared to 210,817 in 2011 compared to Fiat’s 224,163 and VW’s 223,323.
The article Why General Motors Might Stop Investing in Brazil originally appeared on Fool.com. John Rosevear owns shares of Ford and General Motors. The Motley Fool owns shares of and recommends Ford.
U.S. automaker General Motors Co <GM.N> on Friday announced 1.9 billion reais ($603 million) of investments in its Joinville factory in southern Brazil and 1.2 billion reais of capital spending in ...
General Motors Co. said Tuesday it is doubling its investment into Brazil through 2019 to bolster sales in the country, as it develops a new global family of Chevrolets.
General Motors, the US automaker, said on Friday it is to invest R$3.1bn ($982m) in two plants in the south of the country: R$1.9bn ($602m) will go to its factory in Joinville, and another R$1.2bn ...
The Brazilian subsidiary of General Motors Co. says production at its eight plants near Sao Paulo has resumed after a one-day shutdown was ordered because of fears of an unspecified job action by ...