GM doubles Brazil investment to USD 3.8 billion  [ Brazil ]

General Motors announced on July 28 an additional BRL 6.5 billion ($1.9 billion) investment in Brazil, expanding its investments to BRL 13 billion (USD 3.8 billion) in the 2014-2019 timeframe. The additional investment aims to strengthen the company's business through the development of an all-new global Chevrolet vehicle family. The new vehicle family is being developed by a multinational team...