Arab Today, arab today volkswagen to up 20122016 brazil investmen to 41bn
Last Updated : GMT 06:57:50
Arab Today, arab today
Arab Today, arab today

Volkswagen to up 2012-2016 Brazil investmen to $4.1bn

Arab Today, arab today

Arab Today, arab today Volkswagen to up 2012-2016 Brazil investmen to $4.1bn

Berlin - AFP

German automaker Volkswagen said Thursday it would boost production at a plant in southern Brazil, bringing to $4.1 billion its total investment in the country over the 2012-2016 period. After talks with President Dilma Rousseff in Brasilia, Thomas Schmall, head of Volkswagen\'s Brazilian unit, said his firm would invest $236 million to produce a new version of its Golf model at the Sao Jose dos Pinhais facility in Parana state. \"With this new investment, Volkswagen will invest a total of $4.1 billion between 2012 and 2016,\" he told reporters. \"This decision illustrates Volkswagen\'s confidence in Brazil, which is increasingly asserting itself as one of the world\'s major vehicle producers and consumers,\" said Michael Macht, the company\'s official in charge of production in Latin America. Last month Audi, the top-of-the-range carmaker owned by Volkswagen, said it would start producing cars at the Sao Jose dos Pinhais plant from 2015. Audi said it would invest around $200 million to prepare for production of the Audi Q3 and A3 sedan at the Parana assembly line. That announcement marks Audi\'s return to Brazil after it stopped its production in the emerging powerhouse in 2006.

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 volkswagen to up 20122016 brazil investmen to 41bn Arab Today, arab today volkswagen to up 20122016 brazil investmen to 41bn

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Auto: أخبار السيارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
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