免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

Global General

Special

Newsmaker

Asia Pacific

America

Middle East

Europe

Africa

GM to invest $1 billion in Brazil

(Xinhua)
Updated: 2008-11-19 16:32

BRAZILIA -- The General Motors Corporation (GM) has decided to invest $1 billion  in Brazil to expand business there, local media reported Tuesday.

The investment was part of a US bailout package and would be used to upgrade car production lines before 2012, said Djame Adila, a GM's official in charge of the markets in Brazil and other member-countries of the South American Common Market which also groups Argentina, Paraguay, Uruguay and Venezuela.

Although the company has laid off employees in some other countries in face of the current US financial crisis, it still needs time to valuate the Brazilian market before making any decision, said Adila, adding that  a recent announcement of a 3.5-billion-dollar loan plan to automakers by the Brazilian government should boost the car sales in the Brazilian market.

"To withdraw capital from an expanding market is obviously illogical. What we should do is to protect investment to the emerging markets," Adila said.

The company's car sale at the Brazilian market is expected to reach 2.9 million units in 2009, while that for this year is to reach 2.85 million, up 15 percent from last year.