SAO PAULO – General Motors Corp. Chairman Jack Smith, on a recent visit here, praises GM’s Brazilian division as “an example” for the rest of the world but remains mum on GM´s options on Fiat Auto SpA – one of its major competitors here. If GM purchases Fiat Auto, it will control more than a 50% market share in Brazil. Jack Smith “We are deciding what to do regarding Fiat and any comment now will not help in any way,” Smith says. He praises the work of GM President and ...
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