General Motors details Brazil investments

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General Motors details Brazil investments

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SAO PAULO (Reuters) – U.S. automaker General Motors Co <GM.N> on Friday announced 1.9 billion reais (467.35 million pounds)of investments in its Joinville factory in southern Brazil and 1.2 billion reais of capital spending in its plant on the outskirts of São Paulo. Together with a recent announcement in the southern Gravataí plant, the investments make up 4.5 billion reais of a capital spending plan totalling 13 billion reais between 2014 and 2020.

(Reporting by Alberto Alerigi Jr.; Writing by Brad Haynes; Editing by Sandra Maler)
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