General Motors (GM) to consider another factory in Brazil
Formal announcement anticipated in the second quarter of this year.
General Motors (GM) is considering establishing another production plant in Brazil, reports Dow Jones Global News citing O Estado de S Paulo newspaper. GM's future investment in the country will be subject to the condition that the market continues to grow in excess of 5% every year over the next three years. GM South America president Jaime Ardila was quoted as saying that a formal announcement in this regard may be made in the second quarter this year.
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