SAO PAULO – General Motors do Brazil Ltda. is planning to increase employment now that it expects to resume exports to Venezuela. The country was GM-Brazil’s biggest export market in 2001, but President Hugo Chavez imposed currency restrictions, and sales plummeted. The GM subsidiary in Venezuela did not have hard currency to purchase vehicles from Brazil. Earlier this month, Jose Carlos Pinheiro Neto, vice president-GM do Brasil, met with Finance Minister Antonio Palocci regarding ...
Premium Content (PAID Subscription Required)
"GM Exports to Venezuela" 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
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.