GM Brazil head says "in panic" over real-dollar rate

Newswire

RIO DE JANEIRO, Brazil, April 25 (Reuters) - The Brazilian currency's strength against the dollar may make General Motors Corp. Brazilian unit reduce exports and output, the unit's head told local financial newspaper Valor Economico. "I am in panic, I cannot sleep because of this dollar," Valor quoted Ray Young as saying in its Monday edition. Brazil's currency, the real , is trading at its strongest levels since mid-2002. It closed at 2.538 per U.S. dollar on Friday. A strong local ...

Premium Content (PAID Subscription Required)

"GM Brazil head says "in panic" over real-dollar rate" 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) ×