nissan to start making new car in crisishit brazil
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

CEO Carlos Ghosn:

Nissan to start making new car in crisis-hit Brazil

Arab Today, arab today

Arab Today, arab today Nissan to start making new car in crisis-hit Brazil

Rio de Janeiro - Arab Today

General Motors chief executive Mary Barra was named chair of the automaker on Monday, smashing yet another gender ceiling in the US auto industry.

Japanese auto maker Nissan said Monday it will invest $185 million to produce a new model of urban four-wheel-drive car in Brazil, despite the country's economic crisis.

"Nissan will build a new car, the Nissan Kicks" at its factory in Resende, west of Rio de Janeiro, said the group's chief executive Carlos Ghosn.

"It is a local product of the Resende factory and will be exported worldwide from Brazil," he told a news conference in Rio.

He said the company would invest 750 million reals over three years in producing the new model.

He forecast the investment would create 600 jobs at the Resende factory, which opened in 2014.

Brazil is in a recession and a political crisis. Ghosn said the auto market there shrank by a quarter last year.

He said 2015 has not been a good year for Brazil but Nissan had nevertheless expanded its share of the market even with lower sales.

"Brazil is still a fundamental part of Nissan's strategy and we have great faith in the potential of the Brazilian market."
Source: AFP

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*

nissan to start making new car in crisishit brazil nissan to start making new car in crisishit brazil

 



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*

nissan to start making new car in crisishit brazil nissan to start making new car in crisishit brazil

 



GMT 12:48 2016 Sunday ,27 November

Cilic, Dodig push Croatia to brink of Davis Cup

GMT 05:24 2017 Thursday ,28 December

Erdogan says 'terrorist' Assad cannot be part of Syria

GMT 12:59 2016 Saturday ,05 November

WB welcomes economic reforms in Egypt

GMT 18:40 2016 Saturday ,05 November

Egyptian GDRs in London down

GMT 10:57 2017 Wednesday ,06 December

Peru striker Guerrero has doping ban extended

GMT 17:51 2017 Tuesday ,07 March

Trump Signs New Travel Ban on Six Muslim Countries

GMT 10:30 2017 Wednesday ,06 September

Saudi Information Ministry praises media role during Hajj

GMT 15:29 2017 Tuesday ,24 January

Mind games really do help your brain

GMT 06:55 2015 Thursday ,01 October

Boston Red Sox beat Yankees

GMT 08:17 2017 Monday ,28 August

Bahrain celebrates World Humanitarian Day 2017

GMT 02:07 2017 Tuesday ,28 February

Opposition seeks Russian support at Syria talks
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday