The General Motors’ subsidiary company in Brazil has announced plans to spend $386 million in developing and producing a new model of the Chevrolet (without giving further information on the model specifications). This new investment announcement comes only two months after GM announced that...
The Brazilian automotive industry began in 1956, in the city of Sao Paulo. Since then, the automobile industry has grown extensively. Several international automobile companies began investing in Brazil. Companies like Chevrolet, Ford, Volkswagen, and Fiat - all these companies saw Brazil as a...