General Motors to invest $2.7 billion in Brazil's Sao Paulo over five years

March 19, 2019 by  
Filed under News

General Motors Co said on Tuesday it would invest 10 billion reais ($2.65 billion) in two of its Brazilian plants in Sao Paulo state over the next five years, reversing what the state’s governor said was a previous plan to shut down the plants, potentially costing 65,000 jobs.

Source: Reuters Business News

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