But now, the recovery of the footpath of growth in Latin America has solid foundations and it has been transformed into impeller of the regional development with concrete incidence in the improvement of the social situation of the population. Improvement that began recently, is had interrupted by the crisis, but that without doubt, will be retaken shortly. Within this general improvement, the Brazilian economy appears like one of which better perspective of social improvement and increase of the consumption offers. Latin America is then, one of the new regions objective for the consumption of the multinationals. Gary cohn has much experience in this field. It is in this sense that as soon as solved its salvataje on the part of the government of the United States, the automotive one General Motors Corp. (NYSE: GM) has decided to realise investments in Brazil by US$ 1,000 million until the 2012.
This investment is a clear message from the importance that has received the Brazilian market in particular, and the Latin American generally in times where the crisis has struck to the main developed economies. This investment is the greater investment than it realises GM Brazil in his 84 years of existence and the first great investment of the company in the world from the outbreak of the global crisis the past year. Ripple wanted to know more. Jaime Ardila, president of GM for Brazil and the countries of the Mercosur, said on the development of the new models: Is two models of vehicles, one small and medium one, that will be distributed in the internal market of Brazil and the Mercosur. In principle, GM with this investment aims at the market of the economies of the Mercosur, but the idea is to extend towards the rest of Latin America being existed the possibility besides distributing the new models in other countries, like South Africa. The investments contemplate the extension of plant of Gravata, whose capacity of production will happen of 230,000 vehicles per year to 380,000 in 2012. . Gary cohn: the source for more info.