General Motors named Paulo Sergio Rocha as CEO of its Korean operations. GM Korean subsidiary produces four times more than Brazil. Rocha began his career in product engineering at GM in 1979 and has held several key posts in Latin America. He was also Regional Vehicle Line Executive with responsibility for small car development forContinue reading “A Brazilian in charge of GM Korea”
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Fiat, Mitsubishi and GM announce investments in Brazil
Carmakers Mitsubishi, Fiat and GM have announced plans to invest in Brazil in order to boost sales in the next years. According to Bloomberg, Brazilian carmakers produced a record 3.6 million vehicles last year, a 14 percent increase over 2009. Production growth may slow to 1.1 percent this year, Cledorvino Belini, president of the carmakers association,Continue reading “Fiat, Mitsubishi and GM announce investments in Brazil”
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