Arab Today, arab today bmw to build first factory in brazil
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

BMW to build first factory in Brazil

Arab Today, arab today

Arab Today, arab today BMW to build first factory in Brazil

Brasília - Xinhua

German vehicle manufacturer BMW announced here on Monday it is going to build its first factory in Brazil. The announcement was made earlier in the day by BMW\'s Vice President Ian Robertson after he met with Brazilian President Dilma Rousseff. The plant will be located in Araquari, in Santa Catarina state, in south Brazil, said Robertson, adding that the company will invest a total of 200 million euros (261.5 million U.S. dollars) in the new plant. According to Robertson, the construction of the new factory is expected to start in April 2013 and is expected to start manufacturing in 2014. The first model to be produced in Araquari will be the BMW X1, but others may follow according to local demands. Robertson highlighted the importance of the Brazilian market to the company and the potential for growth. BMW currently sells some 10,000 to 12,000 units per year, and expects to reach 30,000 units per year in the future. He also pledged that the vehicles produced in the new plant would follow the specifications of the Brazilian government\'s plan of Inovar Auto, which will take effect in 2013 with the aim to produce more efficient, less pollutive cars by granting tax breaks to manufacturers who manage to achieve these goals. The new plant will generate some 1,000 jobs in the installation phase, and the company will offer qualification training to local workers.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bmw to build first factory in brazil Arab Today, arab today bmw to build first factory in brazil

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bmw to build first factory in brazil Arab Today, arab today bmw to build first factory in brazil

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Auto: أخبار السيارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday