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Tag: Brazil Automotive Sector

RIO DE JANEIRO, BRAZIL - 2020 was the second consecutive year of losses after recording a 1.1% downturn in 2019, as a result of the measures to contain the virus. Moreover, it was the sharpest annual downturn since 2016,...
By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – General Motors will invest R$6.5 billion (US$2.8 billion) in Brazil over the next five years, Chief Executive Officer Mary Teresa Barra announced on Thursday, August 14th. The announcement was...

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