/ General Motors, Industry, News / GM Plans to Double Production in Venezuela

GM Plans to Double Production in Venezuela

Linked In Share
GM Plans to Double Production in Venezuela

Wednesday, August 1st, GM announced it plans to more than double production in Venezuela.

President Hugo Chavez said that the GM’s senior executives made him aware of the company’s plan to more than double production of auto parts and cars in Venezuela when he was in Brazil for a ceremony and could not offer journalists details about this.

But Venezuela’s Industry Minister Ricardo Menendez said that GM plans to boost auto production in the country from 50,000 units annually to 120,000 units. Menendez added that the company also wants to increase production of auto parts both for Venezuela’s market and for exports in the Caribbean and Brazil.

It’s good to know that GM and Venezuela are in good terms now, after in 2009 President Hugo Chávez threatened the international car companies, among which was GM, that he will close their plants in the country if they don’t start building more cars for the rural for the rural areas and transfer manufacturing methods and new technologies to the local units.

“We’ll take it, we’ll expropriate it, we’ll pay them what it is worth and immediately call on the Chinese,” Mr. Chávez said back in 2009.

by Ana Cezara Savin (my Google+) - Thursday, August 2nd, 2012 - filed under General Motors, Industry, News. Image credit: .
Linked In Share
Related Articles
auto parts auto production GM venezuela president hugo chavez


Discuss: GM Plans to Double Production in Venezuela

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Manor fires up Ferrari engine at Sepang
Manor fires up Ferrari engine at SepangMar.26 (GMM/Inautonews.com) By the sound of it, Manor appears on course to hit the track this weekend for the first time in ...
Vettel turns down Rosberg’s debrief invite
Vettel turns down Rosberg’s debrief inviteMar.26 (GMM/Inautonews.com) Sebastian Vettel has turned down Nico Rosberg's invitation to attend his engineering briefing in ...
Red Bull fracas just ‘frustration’ – Ricciardo
Red Bull fracas just ‘frustration’ – RicciardoMar.26 (GMM/Inautonews.com) Daniel Ricciardo has dismissed as "frustration" the unseemly spat between Red Bull and its works ...
Williams signs Sutil as 2015 reserve
Williams signs Sutil as 2015 reserveMar.26 (GMM/Inautonews.com) After a quiet winter for the experienced 32-year-old, Adrian Sutil has kept his formula one dream ...
Alpina B5 Bi-Turbo and B6 Bi-Turbo Edition 50 introduced
Alpina B5 Bi-Turbo and B6 Bi-Turbo Edition 50 introducedAlpina has introduced two special edition models of the B5 Bi-Turbo and B6 Bi-Turbo. The Edition 50 special versions have been ...
Lamborghini Aventador gets crashed into by Passat replica in China
Lamborghini Aventador gets crashed into by Passat replica in ChinaA Lamborghini Aventador has been destroyed recently in China after being crashed into, sideways, by the Chinese equivalent of a ...
Teased – 2016 Toyota RAV4 Hybrid
Teased – 2016 Toyota RAV4 HybridThe 2016 Toyota RAV4 Hybrid will be officially presented to the public next week, during the 2015 New York Auto Show, and the ...
[VIDEO] Lamborghini Aventador SV promo released
[VIDEO] Lamborghini Aventador SV promo releasedThe promotional video of the brand new Lamborghini Aventador SV has been released recently and it’s one of the best car ads to ...
[VIDEO] This is a rap video about a Lamborghini Aventador
[VIDEO] This is a rap video about a Lamborghini AventadorIt’s not every day we get to see a rap video about a Lamborghini Aventador and we’re actually glad that this doesn’t happen ...
This is the first image with the 2016 Kia Optima
This is the first image with the 2016 Kia OptimaKia has release the first image with the new generation of the Optima which is revealing the model’s design. After it has been ...
For sale – BMW M5 30 Jahre
For sale – BMW M5 30 JahreA rare example of the BMW M5 30 Jahre special edition is currently being offered for sale for less than half the amount of the ...
Toyota to shed 50 percent of retooling cost thanks to efficiency strategy
Toyota to shed 50 percent of retooling cost thanks to efficiency strategyThe largest Japanese company and the world’s biggest automaker announced recently it plans to shed half of the associated ...
New-gen Renault Laguna to be introduced in July
New-gen Renault Laguna to be introduced in JulyThe replacement of the current Renault Laguna is said to make its debut this July, before reaching dealerships across the ...
Recall roundup: Three separate campaigns announced by Ford
Recall roundup: Three separate campaigns announced by FordFord has issued three separate recall campaigns which are affecting approximately 220,000 vehicles in the 2011 to 2015 model ...
Lamborghini Aventador Roadster by Shoreline Motoring
Lamborghini Aventador Roadster by Shoreline MotoringAn impressive looking Lamborghini Aventador Roadster, signed by Shoreline Motoring, has been presented over the web. The ...
Read more automotive news


2015 Geneva Motor Show Coverage

Alpina B5 Bi-Turbo and B6 Bi-Turbo Edition 50 1
lamborghini-aventador-crash-china-11
2015 toyota rav4 hybrid 1
30-jahre-m5-for-sale-4-1050x788
Lamborghini Aventador Roadster by Shoreline Motoring tuning 1
2016 jaguar xfr-s 1
mclaren p1 deadmau5 1
Ram Texas Ranger Concept 1
2016-Mercedes-Benz-GLE-1
porsche 911 gt3 rs lava orange 1
Isuzu-D-MAX-X-RUNNER Australia 1
BMW 3-Series Gran Turismo Luxury Lounge 1

More automotive from inautonews
Alpina has introduced two special edition models of the B5 Bi-Turbo and B6 Bi-Turbo. The Edition 50 special versions have been based on the B5 Bi-Turbo and the B6 Bi-Turbo and they have been created by tuning company Alpina to celebrate its 50th anniversary. The two models will get piano black ...
read more
Inautonews Editors Section
Test Drive: BMW 225i Active Tourer
Test Drive: BMW 225i Active TourerOne word of advice from the very beginning – if you’re a BMW purist that believes the blue-white logo has nothing in common with front wheel ...
Test Drive: Peugeot 208 1.6 VTi 120 hp
Test Drive: Peugeot 208 1.6 VTi 120 hpThe Peugeot brand has had a long string of great supermini offerings – even if their goal was not necessarily to achieve ultimate fame in the ...
Geneva motor show’s greatest rides
Geneva motor show’s greatest ridesWe’re again feeling decidedly subjective on this one, but here’s my personal pick of the greatest rides that could be snatched from the show ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Recall roundup: Three separate campaigns announced by FordFord has issued three separate recall campaigns which are affecting approximately 220,000 vehicles ... US: teen drivers on phones linked to more accidents than previously thoughtTeenagers are the most likely drivers to have a crash on US roads, with motor vehicle accidents ...
Safety Section