GM Group continues to invest in Brazil
The General Motors Group will shortly complete the equivalent of 1 billion dollars investment program to further strengthen its business in Brazil.
The Detroit giant will spend 400 million dollars to modernize the São Caetano do Sul plant, the largest and most important in the Sao Paulo region, where it aims to produce a new pick-up, successor of the Montana and based on the old design of the first generation of Corsa.
The next new arrival is represented by a new SUV that will take over the current Tracker imported from Mexico. The SUV will instead be produced at the assembly shifts of the Gravatai factory in Rio Grande do Sul.
For the investment will not be included the already modern facility of São José dos Campos where the Trailblazer SUV and the S-10 pick-up are built.