October 21, 2010
Fiat says it plans to invest BRL10bn in its Brazil operations over the next
Fiat says it plans to invest BRL10bn in its Brazil operations over the next 5 years. According to representatives from Fiat, the Italian car manufacturer plans to invest in product, technology, R&D and production capacity expansion. According to Anfavea, the Brazilian association of automobile manufactures, Fiat is the second-largest maker of automobiles in the country, after Volkswagen do Brasil.