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General Motors details Brazil investments
August 25, 2017 / 7:32 PM / 3 months ago

General Motors details Brazil investments

SAO PAULO (Reuters) - U.S. automaker General Motors Co (GM.N) on Friday announced 1.9 billion reais ($603 million) of investments in its Joinville factory in southern Brazil and 1.2 billion reais of capital spending in its plant on the outskirts of São Paulo.

FILE PHOTO: The GM logo is seen at the General Motors Assembly Plant in Valencia, Venezuela April 21, 2017. REUTERS/Marco Bello/File Photo

Together with a recent announcement in the southern Gravataí plant, the investments make up 4.5 billion reais of a capital spending plan totaling 13 billion reais between 2014 and 2020.

Reporting by Alberto Alerigi Jr.; Writing by Brad Haynes; Editing by Sandra Maler

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