BRASILIA, Brazil - November 18,
2008 - The General Motors Corporation (GM) has decided to invest 1 billion U.S.
dollars in Brazil to expand business there, local media reported Tuesday.
The investment was part of a U.S. bailout package and would be used to upgrade car production lines before 2012, said Djame Adila, GM's official in charge of the markets in Brazil and other member-countries of the South American Common Market, which also groups Argentina, Paraguay, Uruguay and Venezuela.
Ed. Note: Then they sure as hell don’t need taxpayer bailout dollars to build factories in OTHER COUNTRIES!