ArvinMeritor, US based auto industry supplier of integrated systems, modules and components, has announced it will invest in Brazil $10 million according to AP.
The Brazil investment is part of the firms strategy to become a global commercial vehicle company as it plans to expand into new manufacturing technology and product segments.
Production in South America and is up 9 percent which make sense for the firm to invest in Brazil despite the overall decline in car sales globally.
No Comments so far ↓
There are no comments yet...Kick things off by filling out the form below.