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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (68328)	11/18/2010 4:43:30 PM
From: KyrosL	1 Recommendation Respond to of 220341

I don't have a problem producing the cars for the exploding Chinese market in China. As I have said before, I think the final solution to the problem will be a demise of trade in its current form.

To: Cogito Ergo Sum who wrote (68328)	11/19/2010 4:21:33 AM
From: elmatador	Read Replies (1) \| Respond to of 220341

GM is a multinational corporation. Fast losing US origins hallmarks. To Invest BRL2 Billion In Brazil In 2011. fully financed by the Brazilian unit, are part of the company's plan to invest a bit more than BRL5 billion in the 2008-2012 period. GM will invest about BRL1 billion in 2012 in Brazilian operations to round out the amount. GM To Invest BRL2 Billion In Brazil In 2011. SAO PAULO (Dow Jones)--General Motors Co. (GM) will invest 2 billion Brazilian reais ($1.2 billion) in its Brazilian operations in 2011, double the BRL1 billion invested this year, GM South America President Jaime Ardila said Thursday. The investments, fully financed by the Brazilian unit, are part of the company's plan to invest a bit more than BRL5 billion in the 2008-2012 period. GM will invest about BRL1 billion in 2012 in Brazilian operations to round out the amount. The investments will go toward expanding and updating GM operations, which currently sell about 650,000 cars in Brazil, the world's fourth-biggest car market. As a result of the investments, the company plans to begin selling four new models in 2011 and six the following year, part of a long-term plan to renew its entire product line of about 20 vehicles currently being sold in Brazil. GM, the third-biggest car maker in Brazil, completed one of the largest share offerings in U.S. history on Wednesday, raising $20.1 billion. Speaking at a press conference, regional GM executives said that has little impact on the day-to-day operations in Brazil. The Brazilian operations are funded locally, so they don't rely on any proceeds from the U.S., said Denise Johnson, president of GM's Brazil unit. Also, any remittances of funds to the U.S. are analyzed in light of the needs of the Brazilian operations and that won't change as a result of the IPO, she said. There are no plans to sell shares of the Brazilian unit, which this year will account for about 8% of total revenue for the auto maker, Ardila said. Brazil's portion of GM revenue is an increase from 3% in 2005, due both to a decline of developed markets as well as a surge in the Brazilian economy. The country's share of total GM sales will likely decline in the future as U.S. markets recover, Ardila said.