trending Market Intelligence /marketintelligence/en/news-insights/trending/1uQV6F74TIVs05RTtIyqyg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: GM to invest 10B reais in Brazil

Blog

What's on the Horizon for the Cruise Hotel Resorts Sector

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021


Report: GM to invest 10B reais in Brazil

General Motors Co. will invest 10 billion Brazilian reais in two of its plants in São Paulo, Brazil, Reuters reported March 19.

General Motors did not immediately respond to S&P Global Market Intelligence's request for comment.

In February, another Reuters report said the Michigan-based automaker is planning to invest 9 billion Brazilian reais in São Paulo over the next three years for tax incentives.

As of March 18, US$1 was equivalent to 3.80 Brazilian reais.