From: Travis
Subject:  General Motors to Invest $1 Billion in Brazil Operations; Money to
Come from U.S. Bailout
Date: Sunday, February 1, 2009,


  http://blacklistednews.com/?news_id=3159

SAO PAULO -- General Motors plans to invest $1 billion in Brazil to avoid
the kind of problems the U.S. automaker is facing in its home market, said
the beleaguered car maker.

According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding
will come from the package of financial aid that the manufacturer will
receive from the U.S. government and will be used to "complete the
renovation of the line of products up to 2012."







-- 
*~@):~{>

--~--~---------~--~----~------------~-------~--~----~
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum

* Visit our other community at http://www.PoliticalForum.com/  
* It's active and moderated. Register and vote in our polls. 
* Read the latest breaking news, and more.
-~----------~----~----~----~------~----~------~--~---

Reply via email to