
GAC Pumps $6B into Brazil’s Heartland, Converting Old Mitsubishi Site into Ethanol-Electric Hub
GAC Motor executives confirmed plans to inject $6 billion into Brazil during a May 12 meeting with President Luiz Inácio Lula da Silva in Beijing, reviving a shuttered Mitsubishi-Suzuki factory in Catalão, Goiás. The Chinese automaker will allocate $1.3 …