GM Brazil to Invest R$2B in Expansion and New Line of Chevrolet Small Cars
Green Car Congress
JULY 16, 2009
With the new investment, the Gravataí plant will have a capacity of 380,000 units a year within three years, more than tripling the initial installed capacity of 120,000. Funds for the investment will partly come from the company’s cash flow and retained earnings in recent fiscal years—GM Brasil has been profitable since 2006.
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