Unformatted text preview: recovery from the global slowdown. Brazilian Motor Vehicle Manufacturers Association, or Anfavea, expects an increase of 8% in sales in 2010. Auto makers will invest $11.2 billion between 2010 and the end of 2012 on new models, new technologies and expansion , according to Anfavea. By comparison, car makers invested $8.1 billion during the 2007-2009 period. The main auto companies in Brazil are Fiat SpA (FIATY, F.MI), Volkswagen AG (VLKAY, VOW.XE) General Motors Co. and Ford Motor Co. (F).-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071; [email protected] [ 08-05-10 0750ET ] Document DJON000020100805e6850003i © 2010 Factiva, Inc. All rights reserved. Factiva http://global.factiva.com/hp/printsavews.aspx?ppstype=Article. .. 1 of 1 10/29/10 3:31 PM...
View Full Document
- Fall '08
- Dow Jones, fiat, Chery Automobile Co.