volkswagen to up 20122016 brazil investmen to 41bn
Last Updated : GMT 06:41:18
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.

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*

volkswagen to up 20122016 brazil investmen to 41bn volkswagen to up 20122016 brazil investmen to 41bn

 



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*

volkswagen to up 20122016 brazil investmen to 41bn volkswagen to up 20122016 brazil investmen to 41bn

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 16:03 2017 Thursday ,21 December

US hits Myanmar general in new global rights sanctions
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