Auto industry to invest $5 bln in Brazil in 2008

Newswire

SAO PAULO, March 27 (Reuters) - The automobile industry will invest $5 billion in 2008 in capacity expansion in Brazil to keep up with growth in domestic demand, the president of Brazil's automakers association Anfavea said. Anfavea President Jackson Schneider outlined the investment forecast late on Thursday in a meeting with Brazil's finance minister, Guido Mantega. Production capacity should rise from the current 3.5 million units to 3.8 million units in 2008. He added that automakers ...

Premium Content (PAID Subscription Required)

"Auto industry to invest $5 bln in Brazil in 2008" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×